Citations doptions ise fx

As exchange-listed securities, ISE FX Options are very similar to equity and index options, with a similar risk profile depending on the trading strategies adopted, but unlike most FX futures, all currency pairs are quoted with the U.S. dollar as the base currency.

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Trading ISE FX options: A look at USD/GBP relationship using vertical spreads BPX. Steve Meizinger • Using the ISE FX options trading convention, the U.S. dollar is listed first, the valuation is expressed as the number of the units of the other currency per U.S. dollar.

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