Far leg: Difference between revisions
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imported>Doug Williamson m (Spacing) |
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In an FX swap contract, the later re-exchange of the two currencies in the contract. | In an FX swap contract, the later re-exchange of the two currencies in the contract. | ||
(Following the initial exchange of the same currencies and related amounts in the opposite direction, in the 'near leg'). | (Following the initial exchange of the same currencies and related amounts in the opposite direction, in the 'near leg'). | ||
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* [[Near leg]] | * [[Near leg]] | ||
* [[Swap points]] | * [[Swap points]] | ||
Revision as of 21:38, 25 August 2013
In an FX swap contract, the later re-exchange of the two currencies in the contract.
(Following the initial exchange of the same currencies and related amounts in the opposite direction, in the 'near leg').