Foreign Currency Contract

(redirected from Foreign Currency Contracts)

Foreign Currency Contract

References in periodicals archive ?
This had an adverse effect on our forward foreign currency contracts.
Notably, the clause "or the settlement of which depends on the value of" was added by Congress in 1984 merely to allow cash-settled forward contracts to still qualify as foreign currency contracts under Sec.
Most clients purchase foreign currency contracts to offset currency fluctuation risk.
Strong actions on costs, together with the protection of foreign currency contracts, protected the company from the severe change in market conditions.
30, 2009 (CENS) -- The Cabinet-level Financial Supervisory Commission (FSC) in Taiwan recently decided to limit the transfer of individuals' foreign currency contracts deposited in domestic banks to the world's top-500 banks.
Meggitt's pre-tax profit in the six months to June 30, excluding amortisation, exceptionals, inventory re-evaluations and accounting for foreign currency contracts, rose to pounds 109.
Using forward foreign currency contracts is a simple way for a business to hedge its future currency flow up to one year out.
gainer, chairman of the federal Commodity Futures Trading Commission (CFTC), testified before the Senate Agriculture Committee that "abusive promoters have exploited regulatory gaps to sell foreign currency contracts to financially unsophisticated individuals, making exaggerated claims of profit opportunities and failing to disclose the risks of these inherently volatile instruments.
Sara Lee uses forward foreign currency contracts to hedge its FX risk.
The Company is required to determine the fair value of its foreign currency contracts at the end of each quarter, and the change in the fair value is recorded in net income.
988 treatment, it is clear that the client in the example should treat the minor foreign currency contracts at issue as Sec.
Mark-to-market rules do not apply to hedging transactions for tax purposes, An entity must treat an investment in regulated futures or foreign currency contracts that is not a hedging event as though it were sold on the last day of the year for tax purposes.

Full browser ?