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Cooljas · 2022年10月04日

没太看懂答案,可以再具体解释一下吗?

NO.PZ2020011901000072

问题如下:

For a corporate treasurer wanting to hedge exchange rate risk, what is an advantage of the OTC market over the exchange-traded market?

选项:

解释:

The transaction does not need to have the standard features determined by the exchange. The maturity date and (in the case of options) the strike price can be negotiated to meet the treasurer’s precise needs.

The transaction does not need to have the standard features determined by the exchange. The maturity date and (in the case of options) the strike price can be negotiated to meet the treasurer’s precise needs.

1 个答案

pzqa27 · 2022年10月05日

嗨,爱思考的PZer你好:


这个题本质上是在问OTC交易的衍生品和交易所交易的衍生品对比起来有哪些好处

这些好处都和OTC的交易机制有关,由于OTC衍生品是场外交易,定制化程度高,因此“The transaction does not need to have the standard features determined by the exchange.”。并且到期日也是双发协商制定,不像交易所交割时间是由short方决定“The maturity date and (in the case of options) the strike price can be negotiated to meet the treasurer’s precise needs.”

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