Foreign Currency Contract

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Foreign Currency Contract

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District Court for the Northern District of Texas, the CFTC alleges that Hunt and Hecroft engaged in a fraudulent scheme to solicit Bitcoin from members of the public, through false or misleading representations or omissions, to invest in trading products including leveraged or margined foreign currency contracts (forex), binary options, and diamonds.
This had an adverse effect on our forward foreign currency contracts."
Previous case law stipulated that OTC currency options are not foreign currency contracts, generally interpreting the definition above to require actual settlement of the contract.
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 109.6 million from pounds 69 million previously.
Using forward foreign currency contracts is a simple way for a business to hedge its future currency flow up to one year out.
Risk strategies: Interest rate swap contracts (to control expenses associated with interest rates); SBC makes no use of derivatives for trading purposes or to generate income; The company uses certain derivative financial instruments, including interest rate swaps, foreign exchange contracts, combined interest rate foreign currency contracts, options, forwards and equity hedges to manage market risks such as interest rate and foreign currency risks
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.(*) We estimated the gain on the company's forward foreign currency positions by multiplying the year-end FX contracts outstanding by the gains or losses on six-month forward foreign currency contracts for the year.
The CFTC Complaint charges that, from at least February 2014 through at least November 2015, the Defendants fraudulently solicited potential clients to open individually managed trading accounts for off-exchange foreign currency contracts (forex) and hid substantial trading losses incurred as a result of Defendants managed forex trading.

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