Classification Information
Financial services, namely, the trading of future hybrid options, which are a futures trading instrument / product utilized by investors to minimize risk and to provide robust spread price protection. The FHO product will also be known as "Futures on Options". Initially, the intended consumers will be institutional trading firms, portfolio managers. FHO will be regulated and an exchange-tradable product in the futures market place. FHO has an effective date, a termination date, a settlement price at the termination date and FHO's are considered fungible
Insurance and Financial