To Lieutenant Lane's memorial on The Virtual Wall. Lieutenant Drazba and Lieutenant Jones were assigned to the 3rd Field Hospital in Saigon. They died in a helicopter crash near Saigon, February 18, 1966. Drazba was from Dunmore, PA., Jones from Allendale, SC.
DEFINITION of 'Exchange Traded Derivative'. A financial instrument whose value is based on the value of another asset, and that trades on a regulated exchange.
A foreign exchange option is a contract for future delivery of a currency in exchange for another, where the holder of the option has the right to buy (or sell) the currency at an agreed price, the strike or exercise price, but is not required to do so.The right to buy is a call; the right to sell, a put.nventories may serve as a good illustration of this proposition. The value of an inventory in a foreign subsidiary is determined not only by changes in the exchange rate, but also by a subsequent price change of the product--to the extent that the underlying cause of this price change is the exchange rate change.