hi
if the contract size is denoted in € , does it mean its an european option?
and if its in $, does it mean its an american option?
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contract currency
9y ago#1No.
The words 'european option' and 'american option' have nothing to do with the currency of the options.
They simply refer to the style of the option - i.e. whether they can only be exercised on the last day of the relevant month (european) or at any time up to the last day of the relevant month (american).
I do suggest that you watch my free lectures on foreign exchange risk management.
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