Friday, June 26, 2015

Forward Contract


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A forward contract fixes the charge per unit for future delivery at a date to be in agreement by each participants. A deposit (or a minimum margin) is sometimes needed in forward transactions. for instance, if i need to lock in today's rate to shop for $10,000 USD at one.5820 Canadian for following four months, i'll have the power to buy up to $10,000 USD at this rate.

Saturday, June 6, 2015


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