Courses

Other FX Instruments 1

FX Futures - definition and application
FX futures are in many respects very similar to forwards, in that they are also a contract to exchange a certain quantity of two currencies at a predetermined future date. However, there are a number of important differences. more »

FX Swaps - definition and application.
An FX swap (not to be confused with a cross currency swap) is a contract that simultaneously agrees to buy (sell) an amount of currency at an agreed rate and to resell (repurchase) the same amount of currency for a later value date to (from) the same counterparty, also at an agreed rate. more »