Sophisticated products. Competitive pricing. Electronic execution.
Options provide valuable tools for FX trading and risk management. Bank of America Merrill Lynch offers a broad range of FX options through Instinct® FX, where you benefit from highly competitive pricing, fast order entry and efficient electronic execution.
NAVIGATE THE WORLD'S MOST ACTIVE MARKET WITH SPEED AND AGILITY
Our commitment to leading-edge technology designed to help clients efficiently meet their trading objectives is a hallmark of the Instinct FX platform. In addition to spot, swaps, forwards and NDF products, Instinct FX provides sophisticated electronic trading of options. Instinct® FX Options is an easy and fast way for you to enter, manage and execute your option orders. Our vanilla and exotic option pricing may be accessed through Instinct FX, or through third-party vendors such as Digital Vega, FXall, 360T and Bloomberg.
POWERFUL FUNCTIONALITY AND EASE OF EXECUTION
Instinct FX Options is easy to use. Its powerful functionality is available through intuitive screen formats, while live streaming prices provide fast execution. Large trades at competitive prices are supported through our Request for Quote (RFQ) functionality.
AXE OPTION PRICING
Instinct FX is one of the few platforms that directly integrates axe pricing. Axe prices are highlighted on the trading interface for easy identification and immediate access to our best option pricing.
CUSTOMIZE INSTINCE FX OPTIONS TO SUIT YOUR NEEDS
Our flexible trading interface allows you to customize your user preferences:
- Default settings for your trades, as well as the ability to save settings for trade tickets and strategies, allowing you to execute trades quickly and efficiently
- Enhanced strip functionality that lets you mix and match pricing of legs in a custom strip
Access a full range of option products through Instinct FX Options:
- Puts, calls, custom strips and standard structures, including straddle, strangle, risk reversal, seagull and butterfly
- Knock In (KI)
- Knock Out (KO)
- Reverse Knock In (RKI)
- Reverse Knock Out (RKO)
- Double Knock In (DKI)
- Double Knock Out (DKO)
- European Knock In (ERKI)
- European Knock Out (ERKO)
- One Touch (OT)
- No Touch (NT)
- Double One Touch (DOT)
- European Digitals (DIG)
- Instant One Touch (IOT)
- Double No Touch (DNT)
- Double One Touch Instant (DOTI)
Instinct FX Option pricing is available in all G10 currencies and deliverable emerging market currencies, including: BRL, CNH, CNY, HKD, HUF, ILS, INR, KRW MXN, MYR, PLN, RUB, SGD, TRY, TWD and ZAR.