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A Canary option is an option whose exercise style lies somewhere between European options and Bermudian options. (The name refers to the relative geography of the Canary Islands .) Typically, the holder can exercise the option at quarterly dates, but not before a set time period (typically one year) has elapsed.
The Mondopoint shoe length system is widely used in the sports industry to size athletic shoes, ski boots, skates, and pointe ballet shoes; it was also adopted as the primary shoe sizing system in the Soviet Union, [18] Russia, [19] East Germany, China, [20] Japan, Taiwan, and South Korea, and as an optional system in the United Kingdom, [21 ...
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Shoe sizes are indicated by a numerical value representing the length of the shoe, with different systems used globally. European sizes are measured in Paris Points, while the UK and American units are based on whole-number sizes spaced at one barleycorn (1/3 inch) with UK adult sizes starting at size 1 = 8 + 2 ⁄ 3 in (22.0 cm).
For example, a GBPUSD contract could give the owner the right to sell £1,000,000 and buy $2,000,000 on December 31. In this case the pre-agreed exchange rate, or strike price, is 2.0000 USD per GBP (or GBP/USD 2.00 as it is typically quoted) and the notional amounts (notionals) are £1,000,000 and $2,000,000.
In general, equity call options should only be exercised early on the day before an ex-dividend date, and then only for deep in-the-money options. For an American-style put option, early exercise is a possibility for deep in-the-money options. In this case, it may make sense to exercise the option early in order to obtain the intrinsic value (K ...
This also results in different increments between shoe sizes because usually, only "full" or "half" sizes are made. The following length units are commonly used today to define shoe-size systems: The Paris point equals to ⅔ centimetres (6.6 mm or ~0.26 in). Usually, only full sizes are made, resulting in an increment of ⅔ centimetre.
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