foreign currency futures and options
Obligation that allows an individual to purchase various currencies for a designated price to be delivered on a pre-determined date. Both parties essentially agree to a fixed price despite fluctuations in the currency market. This type of obligation may prove to be lucrative for speculators that sell these contracts before currencies decline or purchase them before they advance.
Popular 'Forex' Terms
Related Personal Finance Articles
Loading...
foreign currency futures and options in the news
Loading...







