This Currency Contract is based on the euro/dollar exchange, the world’s most actively traded currency pair. Quanto Futures and Options are cash settled Derivatives Contracts traded on the JSE. They are settled in rands without being exposed to the risks associated with a fluctuating rand.
Investors hoping to make a profit on the movements of the euro/dollar exchange rate should find this product appealing. Quanto Futures mirror the underlying movement on a one-for-one basis. If the price of the euro/dollar increases by 20% in dollar terms, the value of the investor’s rand position in euro/dollar will also increase by 20%.
Register as a client with
an authorised JSE Currency Derivatives member, deposit the required initial margin and sell or buy according to your needs.
The following categories of clients are permitted to trade and hold positions in Currency Derivatives: