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Foreign currency futures contract |
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Foreign currency futures contract 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 on which margins are posted. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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78 million in restitution and a civil penalty of $400,000, for fraudulent solicitation and offering illegal foreign currency futures contracts in violation of the California Commodities Law and federal law. |
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