Currency options will be the play in 2011 as UBS predicts "super-volatility" in foreign exchange...

|By:, SA News Editor

Currency options will be the play in 2011 as UBS predicts "super-volatility" in foreign exchange rates, with trading ranges on currency pairs doubling from this year's levels. Implied volatility on currency options averaged 12.34% this year vs. an average of 10.6% this decade.