EFTA Document EFTA01353470

the currency underlying the option, there is no assur- ance that if he is assigned an exercise he will be able to sell such currency at the exercise settlement value. 11. If a cash-settled foreign currency option is exer- cised based upon a reported exercise settlement value that is in error, the holder and the writer will ordinarily be obligated to make settlement based on the exercise settlement value as originally reported. even If the value is subsequently revised or determined to have