Far leg
From ACT Wiki
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').
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').