forex swap


A type of foreign exchange swap consisting of two parts, completed at the same time. One part is a foreign exchange spot trade, and the other is a foreign exchange forward transaction. Forex swaps are most often used by investors for either hedging or speculation purposes.

Use forex swap in a sentence

The forex swap was conducted by our broker who suggested the trade be made to improve our position in the currency.

​ Was this Helpful? YES  NO 10 people found this helpful.

The forex swap was cool because it meant that the two parts would be completed at the same time and everything would be fine.

​ Was this Helpful? YES  NO 11 people found this helpful.

The adviser in our foreign speculations division was on the phone making forex swaps all day attempting to hit his quota for the month.

​ Was this Helpful? YES  NO 3 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
currency swap interest rate derivative