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Currency futures

Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Currency futures

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
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  • Author
    Posts
  • December 2, 2015 at 12:50 am #286854
    Oscar
    Member
    • Topics: 25
    • Replies: 9
    • ☆

    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?

    December 2, 2015 at 7:43 am #286892
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 51532
    • ☆☆☆☆☆

    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 🙂 )

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