Currency future


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Currency future

A financial future contract for the delivery of a specified foreign currency.

Foreign Currency Future

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.
References in periodicals archive ?
ALEX Salmond is looking increasingly isolated in the argument over our currency future.
Under the DCO order, Eris will be authorized to provide clearing services for fully-collateralized virtual currency futures. Eris indirect parent company, Eris Exchange, LLC, is registered with the CFTC as a designated contract market.
The currency futures average daily turnover increased 79 percent from Rs 10,726 crore in 2017-18 to Rs 19,249 crore in 2018-19.
The Indian Rupee (INR) products and the G6 Currency Futures also continued their strong growth trajectory in July.
The best-performing asset classes this year have been the currencies with the Indian Rupee (INR) and the G6 Currency futures most prominent.
Summary: The best performing asset classes this year have been the currencies with the Indian Rupee, INR, and the G6 Currency futures most prominent
Stater's wholly-owned subsidiary, Stater Global Markets, is a Financial Conduct Authority, or FCA, regulated brokerage that facilitates market access across multiple instruments including spot FX, digital currency futures and contracts for difference, or CFDs.
BSEis the main stock exchangein Azerbaijan.It trades short-term treasury bonds, common stocks(primarily from former state-owned enterprises that have been privatized, including food and beverage, construction and banking companies), and foreign currency futures.
In May, Kirchner was indicted in an alleged scheme involving the manipulation of currency futures through the Argentina's central bank.
Thus businessmen, African firms, banks and financial institutions and the investor fraternity who have exposure to forex risk desperately need proper hedging instruments, such as currency futures.
In addition -- and as part of the expansion of DGCX Emerging Market currency portfolio -- the exchange is considering listing three new currency futures in the near future.
DGCX first futures contracts were gold and silver futures, followed by currency futures and fuel oil futures, which no longer trades.