November 11, 2010

Financial Instruments

Le tipologie di strumenti finanziari comunemente utilizzate sono molteplici.

Forward transaction: One way to cope with the risk of transmission is entering into a contract forward. In this transaction, the money does not change hands until a specified future date. A buyer and a seller agree on an exchange rate at a future date, and the transaction occurs on that date at the exchange rate established, regardless of the actual market exchange rates. The duration of such a contract could be for days, months or even years.

Futures: The futures on foreign currency transactions are forward characterized by standard amounts and deadlines – eg, 500.000 pounds in November at a predetermined rate. Futures are standardized and are usually traded in a market created ad hoc. The average duration of the contract is approximately 3 months. Futures contracts usually include any amount of interest.

Swap: The most common type of transaction forward is the swap Your valute. In one swap, two parties exchange currencies for a certain period of time and agree to reverse the transaction at a future date. The swaps are not standard contracts and are not traded in a market.

Spot: A transaction spot is an exchange expired in two days, unlike Futures contracts, which usually have a maturity of three months. This transaction represents a “direct exchange” between two currencies, has the shortest duration, and relates to cash rather than a contract; and interests are not included in the agreed transaction. The data for this study come from the Spot market.

daWikipedia ®

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