Forex Options Market Overview

The forex options market started as an over-the-counter (OTC) financial vehicle for large banks, financial institutions and large internationalcorporations to hedge against foreign currency exposure. Like the forex spot market, the forex options market is considered an "interbank" market.However, with the plethora of real-time financial data and forex option trading software available to most investors through the internet, today's forexoption market now includes an increasingly large number of individuals and corporations who are speculating and/or hedging foreign currencyexposure via telephone or online forex trading platforms.