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 Glossary   >   F   >   "Foreign currency futures contract" Definition   

        Foreign currency futures contract

Mainly applies to international equities. Standardized and easily transferable obligation between two parties to exchange currencies at a specified rate during a specified delivery month; standardized contract on specified underlying currencies, in multiples of standard amounts. Purchased and traded on a regulated exchange to which margins are posted.

Foreign currency futures contract


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Foreign currency futures contract - Mainly applies to international equities. Standardized and easily transferable obligation between two parties to exchange currencies at a specified rate during a specified delivery month; standardized contract on specified underlying currencies, in multiples of standard amounts. Purchased and traded on a regulated exchange to which margins are posted.


Foreign currency futures contract : mainly applies to international equities. standardized and easily transferable obligation between two parties to exchange currencies at a specified rate during a specified delivery month; standardized contract on specified underlying currencies, in multiples of standard amounts. purchased and traded on a regulated exchange to which margins are posted.