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future contracts,currency futures

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › future contracts,currency futures

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.
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  • July 18, 2018 at 2:44 pm #463729
    suleman007
    Participant
    • Topics: 3
    • Replies: 0
    • ☆

    how to determine we need to buy or sell futures I’m confused at this point.. plzz help thanks in advance!

    July 18, 2018 at 3:42 pm #463744
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54702
    • ☆☆☆☆☆

    I do explain this in my free lectures!

    It depends what currency the futures contracts are quoted in.

    If the transaction involves buying that currency, then we buy futures. If the transaction involves selling that currency then we sell futures.

    Please do watch the lectures on foreign exchange risk management.

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