Binary Options

On April 30, 2003 you receive an order to purchase 10,000,000 USD with strike rate of 1.6% for a term of 246 days.

Page Field Field Value

Deal Detail

 

 

 

Unit

US001

 

Instrument Type

BINARY

 

Transaction Date

04/30/2003

 

Line

1 of 2

 

Instrument Base Type

Option

Option Details

 

 

 

Start Date

04/30/2003

 

Term

247

 

Expiry Date

01/02/2004

 

Purchase/Write

Purchase

 

Option Status 

Active 

 

Strike Rate

1.6

 

Option Delta

1.0

 

Initial Intrinsic Value

10,000,000.

 

Currency

USD

 

Premium Payments/Receipts (group box)

 

 

Payment Date

05/02/2003

 

Payment Amount

–10,000,000.

 

Payment Currency

USD

Deal Detail

 

 

 

Line

1 of 2

 

Instrument Base Type

Option — Binary Payoff

 

Contingent Upon Option Line

1

Binary Option Details

 

 

 

Amount

10,000,000.

 

Currency

USD

 

Counterparty

BR1 (Goldman Sachs)

 

Accounting Treatment

Held to Maturity

 

Description

247 Days to 2004–01–02 Investment USD 10.0m @ 1.6%

 

Deal Status

Open

Page Field Field Value

Settlement Instructions page

   

Payment Information

   
 

Our Settle Thru SetID

SHARE

 

Our Settle Thru Bank

TRBNK

 

Our Settle Thru Account

CHCK

 

Counterparty's Instructions

TRBKS

 

Payment Method

System Check

Receipt Information

   
 

Our Settle Into SetID

SHARE

 

Our Settle Into Bank

TRBNK

 

Our Settle Into Account

CHCK

 

Our Settlement Instructions

TUS4P

Payment Information (Line 2)

   
 

Our Settle Thru SetID

SHARE

 

Our Settle Thru Bank

USBNK

 

Our Settle Thru Account

CHCK

 

Counterparty's Instructions

TRBKS

 

Payment Method

System Check

Receipt Information

   
 

Our Settle Into SetID

SHARE

 

Our Settle Into Bank

USBNK

 

Our Settle Into Account

CHCK

 

Our Settlement Instructions

TUS01