Forward contract: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Link with Deal contingent forward page.) |
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== See also == | == See also == | ||
* [[Deal contingent forward]] | |||
* [[Fixing instrument]] | * [[Fixing instrument]] | ||
* [[Forward market]] | * [[Forward market]] | ||
Revision as of 09:36, 4 August 2018
A forward contract is a binding agreement either to buy or to sell a certain amount of a foreign currency or another traded asset at a predetermined price at a specified time in the future.
Forward contracts are bilateral agreements.
One of the parties is contractually obliged to buy the asset, and the other party is similarly obliged to sell the asset.
