State Administration of Foreign Exchange, Circular on Issues Relevant to the Handling of the Renminbi-foreign Exchange Option Portfolio Business by Banks

国家外汇管理局关于银行办理人民币对外汇期权组合业务有关问题的通知

Safe puts forward risk-reversal option portfolios.

3 minute readDecember 06, 2011 at 11:58 PM

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Issued: November 8 2011

Applicability: For the purposes of this Circular, the term “option portfolio” means the portfolio that arises when a customer simultaneously purchases one and sells one renminbi-foreign exchange standard European option of identical currency, term and contract principal, including:

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