Option (option; Option contract, also known as option, is a derivative financial instrument based on futures. In essence, the option is to price the rights and obligations in the financial field separately, so that the transferee of the right can exercise his rights on whether to trade or not within a specified time, and the obligor must perform it. In the transaction of options, the party who buys options is called the buyer, and the party who sells options is called the seller. The buyer is the transferee of the right, and the seller is the obligor who must fulfill the buyer's right.
Swap swap refers to buying spot foreign exchange in the foreign exchange market and selling forward foreign exchange in the same currency at the same time, or selling spot foreign exchange and buying forward foreign exchange in the same currency at the same time, that is to say, combining a spot and a forward business in the same transaction.