| Forward Exchange Contract |
|
Concentrate on what you do best: Running your business. Leave the details to us with a Forward Exchange Contract. Forward Exchange Contracts help you manage the risk of foreign currency denominated payables or receivables. By entering into a Forward Exchange Contract, you have the benefit of locking in the rate of your currency exchange, thereby mitigating the risk inherent in a future foreign currency payment obligation. A Forward Exchange Contract is a contract to conduct a foreign exchange transaction at a fixed rate of exchange on either a fixed future date (closed contract) or during a fixed period of time (open contract). Forward Exchange Contracts require a margin deposit and maintenance margin obligations throughout the contract duration. Forward Exchange Contracts are quoted at a premium or a discount depending upon the transacted currency. Call a trader for more information about Forward Exchange Contracts |
Payments available:
Payments accepted:
| DailyFX - Feeds all |
|