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Currency Futures Contract

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Currency futures contract
Contract specifying a standard volume of a particular currency to be exchanged on a specific settlement date.

Currency Futures
A futures contract in which the underlying asset is a currency. Two parties agree to buy and sell a certain currency at a given exchange rate with respect to another currency at some point in the future. The market for currency futures contracts is important in estimating the future value of different currencies.


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Eric Hasham, CEO, DGCX said "We are delighted with this development by GTL which is testimony to their ongoing commitment to and participation in DGCX commodity and currency futures contracts.
net (Staff Writer) CIBC's wholesale banking business has launched a set of tradable indices that offer investors easier access to interest rate and currency futures contracts.
Since the start of 2009, 147,000 currency futures contracts have traded on DGCX, valued at $9.
 
 
 
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