There is an active over-the-counter market in currency options operated by large commercial and investment banks.

Name: There is an active over-the-counter market in currency options operated by large commercial and investment banks.
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Question

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Large commercial and investment banks operate an active over-the-counter market in currency options, allowing investors to trade currency options without the need for a centralized exchange.

There Is an Active Over-The-Counter Market in Currency Options Operated