Hi,
I'm trying to find a Canadian brokerage that can trade these TMX (Montreal Exhange) options on the US dollar: https://www.m-x.ca/nego_cotes_en.php?symbol=USX*
Can anyone recommend a broker (and ideally provide what their fees are on such a trade)?
I've already called Credential Direct and...
Really appreciate the response Tibster... apologies for my ignorance but I have a few questions comments:
1) Cash settled sounds ideal... if they are paid out on a "formula" of (Strike - Spot) x (Contract Size) then I'm ok without being able to exercise as my entire rationale for wanting the...
I hear you, but I want the ability to be able to EXERCISE potentially, because otherwise I have no recourse should the options not be priced where they "ought to be" say 1 week from expiry... where there's essentially no time value left in the option and the in-the-money proceeds are the...
Hi All,
I ultimately want to "bet" on the thesis that the Canadian dollar will decline in value relative to the US dollar. I would like to do this with options so that it's a bit of money up-front, but at least I know that the "worst case scenario" is I just lose all that money (the option...
Hi All,
I ultimately want to "bet" on the thesis that the Canadian dollar will decline in value relative to the US dollar. I would like to do this with options so that it's a bit of money up-front, but at least I know that the "worst case scenario" is I just lose all that money (the option...