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Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Currency futures
Do futures contract have a fixed date to buy or sell the fixed amount of currency?
For example a March futures, does that mean the amount of currency is bought or sold at the end of March only? Can the currency be bought and sold before the expiry date?
In future please ask in the Ask the Tutor Forum if you want me to answer – this forum is for students to help each other.
Futures can be bought and sold at any time up to the expiry date.
(I do suggest that you watch our free lectures on foreign exchange and interest rate risk management 🙂 )