11.2

This will launch the 'Pricer'.

Fig 43

11.3

The following strategies can be priced.

Standard (Call/Put)

Forward

Straddle

Strangle

Spread

Risk Reversal

Digital

OTM Knockout

OTM Knockin

ITM Knockout

ITM Knockin

Double Knockout

Double Knockin

One Touch

No Touch

Double One Touch

Double No Touch

European Knockout

European Knockin

Digital with OTM Knockout

Digital with ITM Knockout

Knockout One Touch

VN Butterfly

11.4

To select the strategy to be priced left click on the small gray box to the right of the 'Product' line.

Fig 44

11.5

Left click on desired strategy then click on 'OK'.

Fig 45

11.6

Over type desired currency pair.

Fig 46

11.7

To select the expiry date left click on the small gray box to the right of the 'tenor' line.

Fig 47

11.8

Left click on desired tenor then click on 'OK'. (or select ODD DATE and over type date in expiry field ddmmmyy)

Fig 48

11.9

Over type amount (per leg).

Fig 49

11.10

Select either 'Strike' or 'Delta' and over type desired rate (fig 50 shows 25 delta).

Fig 50

11.11

Input the Volatility rates. (In this case Volatilty for both the Put and the Call values separated by colon)

Fig 51

11.12

The Volatilty will then be shown, in this case, as a differential.

Fig 52

11.13

The Pricing of the Option is now complete.

Fig 53