Futures and options are available for crossrates.

Name: Futures and options are available for crossrates.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

Futures and options contracts are available for many currency pairs, including crossrates. Crossrates refer to currency pairs that do not involve the US dollar, such as EUR/GBP or AUD/NZD. Trading futures and options on crossrates allows investors to hedge their exposure to currency risk and profit from changes in exchange rates between two non-US dollar currencies.

Futures and Options Are Available for Crossrates