Foreign exchange forward definition
Foreign exchange forward means an OTC foreign exchange derivative contract involving the exchange of two currencies on a specified date in the future (more than two business days later) at a rate agreed on the date of the contract.
Foreign exchange forward means a Transaction in which the Seller sells to the Buyer a specified amount of the Reference Currency against payment of an agreed amount of the Settlement Currency, and both obligations are settled on a specified later date.
Foreign exchange forward means a transaction that solely involves the exchange of two different currencies on a specific future date at a fixed rate agreed upon at the inception of the contract/transaction and is physically settled.
Examples of Foreign exchange forward in a sentence
Foreign exchange forward prices Published spot foreign exchange rates and interest rate differentials.
Foreign exchange forward contracts, interest rate swaps Companies’ derivatives are limited to major international financial institutions, the Companies do not anticipate any losses arising from credit risk.
Foreign exchange forward contracts are only purchased to hedge certain customer accounts receivable amounts denominated in a foreign currency.
More Definitions of Foreign exchange forward
Foreign exchange forward means a derivative contract that solely involves the exchange of two different currencies on a specific future date at a fixed rate agreed at the inception of the contract covering the exchange.