短期外匯期貨合約
forward foreign exchange contract
一個遠期外匯合約是一種協議，簽訂的今天，購買或今天固定的價格出售在一個固定的未來日期商品，貨幣或其他金融工具的固定量。遠期合約的重要特徵是：（1）匯價今天一致同意，但貨幣在未來交換（2）他們度身訂造這是他們滿足用戶的精確要求（3）一旦進入遠期外匯交易合同必須完成（4）遠期匯率將反映兩國之間的利率差。期貨合約上市交易有關認可交易所的價格公開叫價的基礎上，普遍認為在交易大廳的交易所場內
A forward foreign exchange contract is an agreement, entered into today, to purchase or sell a fixed quantity of a commodity, currency or other financial instrument on a fixed future date at a price fixed today. The important features of forward contracts are(1) the exchange rate is agreed today but the currencies are exchanged in the future(2) they are tailored made that is they meet the exact requirements of the user(3) once entered into the forward foreign exchange contract must be completed(4) the forward exchange rate will reflect the differential in interest rates between the two countries. Future contracts are traded on recognized exchange with prices generally agreed on an open outcry basis on the floor of the exchange in trading pits