Currency future is a standardized agreement to deliver or receive a specified amount of specified currency at a specified price and the date. Future contract has a standard maturity date a specified last trading day Collateral requirement Commission payment Clearing house as a counter party Settlement on the final date of delivery.
Currency future is a standardized agreement to deliver or receive a specified amount of specified currency at a specified price and the date. Future contract has a standard maturity date a specified last trading day Collateral requirement Commission payment Clearing house as a counter party Settlement on the final date of delivery.
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Currency future is a standardized agreement to deliver or receive a specified amount of specified currency at a specified price and the date. Future contract has a standard maturity date a specified last trading day Collateral requirement Commission payment Clearing house as a counter party Settlement on the final date of delivery.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd
the value of which is derived from the value of underlying asset. • Future contracts • Option contracts • Swaps Currency Future
Currency future is a standardized
agreement to deliver or receive a specified amount of specified currency at a specified price and the date. Features of future contract • It is a standardized specific sized contract • The quotations are quoted in direct quotes • The contract has a standard maturity date • A specified last trading day • Collateral requirement • Commission payment • Clearing house as a counter party • Settlement on the final date of delivery Trading in future contract
• Customer contacts the broker or a
brokerage firm to buy or sell futures. • Customer deposits the initial margin with the broker. Example suppose