Apr 06
Can anybody explain me the meaning of Forward Contract. I am a newbie and willing to start forex trading.
(You think Jane is spamming, "google it???")
A forward contract or simply a forward is an agreement between two parties to buy or sell an asset at a certain future time for a certain price agreed today.[1] This is in contrast to a spot contract, which is an agreement to buy or sell an asset today. It costs nothing to enter a forward contract. The party agreeing to buy the underlying asset in the future assumes a long position, and the party agreeing to sell the asset in the future assumes a short position. The price ...
(You think Jane is spamming, "google it???")
A forward contract or simply a forward is an agreement between two parties to buy or sell an asset at a certain future time for a certain price agreed today.[1] This is in contrast to a spot contract, which is an agreement to buy or sell an asset today. It costs nothing to enter a forward contract. The party agreeing to buy the underlying asset in the future assumes a long position, and the party agreeing to sell the asset in the future assumes a short position. The price ...