英语翻译 An institution which is an active provider of options b
英语翻译
An institution which is an active provider of options business is expected to
do so on the basis of a sound mathematical model which calculates a”cash
equivalent”of the contingent exposures arising from options written or held.
Model users will be able to use their own individual,formulae for measuring the
extent of their exposure from foreign currency options.An institution wishing to use the“model user”approach in measuring options exposures should first
consult this office .