The Use of Currency Options in the Context of Legal Norms in Force During the Financial Crisis Cover Image

Zastosowanie opcji walutowych w kontekście norm prawnych obowiązujących w okresie kryzysu finansowego
The Use of Currency Options in the Context of Legal Norms in Force During the Financial Crisis

Author(s): Tadeusz Czarnota
Subject(s): Economy, Business Economy / Management
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: bank enforcement title; currency option; MiFID

Summary/Abstract: The aim of the research in this article focuses on the analysis of existing legal norms in the context of the use of forward foreign exchange instruments. Hypothesis contains in a definition of currency options use by financial institutions in the period before the world financial crisis which could expose on the company and cause an unlimited risk of loss. Considerations conducted by the author of the article focuses on the identification of the essence of hedging instruments and its application on the market. An author pays attention on legal norms, which usage should reduce the risk of loss in a business, and should enable the correct understanding of the used instrument nature in terms of the concluded agreements.

  • Issue Year: 2016
  • Issue No: 82 (1)
  • Page Range: 593-599
  • Page Count: 7
  • Language: Polish
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