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A European call option on a share or index, with a 1 cent strike price, traded on ASX. Instead of paying an upfront premium, margin is held and marked-to-market daily, making it similar to a futures contract on the underlying asset.
Definition source: English Wiktionary via Wiktextract
Topics: business, finance
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Alternative letter-case form of Low Exercise Price Option.
Definition source: English Wiktionary via Wiktextract
Usage: alt-of
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
No etymology was provided for this word.