The unilateral nature of the wacd makes it a very useful and flexible tool in structuring shariah compliant FX forward
The BOK said that the fall in FX turnover came as exporters' sale of FX forward
contracts declined amid weak exports affected by the global economic downturn.
contacts are not permitted to be accounted for as hedges using the shortcut method.
With the liquidity in the currency options market being squeezed, the market may move to become purely offshore, or activity may turn instead to the Fx forward
market, we think.
Adding FX forwards
to our compression catalogue underscores TriOptima s continually expanding role in the OTC derivatives post trade infrastructure, having already 1, said Peter Weibel, CEO of triReduce, TriOptima s compression service.
CLS Group (CLS), the global FX financial market infrastructure, and TriOptima, a leading provider of OTC derivatives post-trade risk management services and infrastructure, today announced they will be collaborating to deliver an FX forward
compression service to the market.
An FX forward
is an agreement to purchase or sell a set amount of a foreign currency at a specified price for settlement at a predetermined future date.
Inflation swap and FX forward
compression cycles will be introduced in 2015.
These amendments aim at aligning the treatment of variation margin for physically-settled FX forwards
with the supervisory guidance applicable in other key jurisdictions.
Recent additions include the implementation of Order Driven Execution for FX Spot, FX Forwards
and CFDs, which provides a safer and more efficient way to fill client orders, and the signing of a partnership with Autochartist to make automated technical analysis tools and live trade signals available across asset classes.
Leveraging SS&Cs Debt and Derivatives accounting technology, Webster seamlessly manages the operational and accounting aspects of OTC derivatives portfolios and provides an ideal valuation and accounting solution for multiple types of swaps, options, and FX forwards
The OTC FX Futures will be non-standardised amounts and different fixed tenors, but to address current liquidity trouble, the CBN may also offer long-tenored FX Forwards
to authorised dealers.