Foreign exchange forward contract and Foreign exchange portal: Difference between pages

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A transaction which solely involves the exchange of two different currencies:
A browser-based electronic marketplace that regroups several foreign exchange providers who provide online quotes in real time, thereby enabling foreign exchange products to be traded on a fully automated basis.
 
#on a specific future date
#at a fixed foreign exchange rate which is pre-agreed at the outset of the contract.
 
 
Foreign exchange forward contracts are used - among other purposes - for hedging forward foreign exchange exposures.
For example known or likely future currency receivables and payables.
 
They are priced by adjusting the spot foreign exchange rate to reflect the interest rate differential between the two currencies involved for the forward period.
 
 
Also known as a Forward foreign exchange contract, or a Foreign exchange forward.


Foreign exchange portals are increasingly being used for smaller foreign exchange trades that do not require human intervention.


== See also ==
== See also ==
* [[CertFMM]]
* [[Electronic commerce]]
* [[Hedging]]
* [[Foreign exchange]]
* [[Non-deliverable forward]]
* [[Synthetic]]


[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Technology]]

Revision as of 22:57, 28 June 2013

A browser-based electronic marketplace that regroups several foreign exchange providers who provide online quotes in real time, thereby enabling foreign exchange products to be traded on a fully automated basis.

Foreign exchange portals are increasingly being used for smaller foreign exchange trades that do not require human intervention.

See also

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