About Options and Forwards
Forward outrights
Forex forward outrights enable you to take advantage of the interest rate differentials between two currencies and to hedge foreign exchange exposure risks. By purchasing a currency for a future date at a fixed price using a forward outright, you can avoid risky exposure to unpredictable foreign exchange fluctuations.
Forward outrights are purchased online through RCGfxtrader™ and the platform gives a strong price indication immediately for most trades.
Over the Counter (OTC) options
RCG supports plain vanilla, European style options, traded online through RCG fxtrader™. Exotic options are also available on request.
Option margin requirements
The intra-week margin requirements for major Forex cross options you sell are typically 2% (4% over weekends and on non-banking days). Actual margin requirements are dependent on your current investment positions and market volatility and minor and exotic currencies require higher margin rates.
Online price indications
RCGfxtrader™ gives a good indication of forward outrights and option prices from 1 week to 6 months — option dates outside this range, exotic options and multiple leg options are quoted on request.
