A market for forward contracts in which trades are made for future delivery according to an agreed-upon delivery date, exchange rate, and amount.
A market for exchange of currencies in the future. Participants in a forward market enter into a contract to exchange currencies, not today, but at a specified date in the future, typically 30, 60, or 90 days from now, and at a price ( forward exchange rate) that is agreed upon today.
A market which delivers and settles on a date other than spot. The value date can be the same day as transaction date, tomorrow or three days following the transaction date. Deals for value up to one month are known as short dates. The standard forward dates are counted from the spot value date.
marketing instruments to manage price risk, reduce the financial uncertainty, and bring greater economic performance into the electricity market.
The market where contracts are negotiated which stipulate that the parties undertake to buy or sell, on a future date, a specific asset which can be physical assets (commodities), currencies and financial instruments, at a value set at the time of the negotiation.
A market for foreign exchange involving delivery of currency at some date in the future.
market in which transactions to occur in the future are bought and sold today
a commodity exchange where futures contracts are traded
The market for delivery of a currency on a chosen future date at a rate set now, the forward rate, with payment on delivery.
Dealings that are made for delivery and settlement on a date other than the spot.
A market in which contracts for future deliveries of goods and securities on a specified date are entered into at fixed prices. The contracts themselves are popularly known as "futures." Many commodity exchanges--wool, cotton and wheat, for example--have established forward markets that permit interested parties to hedge against changes in the prices of the raw materials they use or deal in. See also: Commodity, Hedge, Market, Spot Market
Informal (non-exchange) trading of contracts of future delivery. Contracts for forward delivery are "personalized", i.e. delivery time and amount are determined by the customer.
Currencies, commodities and securities can be dealt with either for immediate delivery (known as the spot market) or for delivery at sometime in the future at a price agreed now, the forward market.
A market in which participants agree to trade some commodity, security, or foreign exchange at a fixed price for future delivery.
Market in forward contracts of a commodity or currency, which are agreements to buy or sell the commodity or currency at a future date.
OTC markets, whereby, the physical commodity or financial instrument is traded on a forward settlement basis. The contract is an agreement, with latitude for tailored terms and conditions, to buy or sell an underlying instrument at a certain future time for a certain price. The risk of contract performance is assumed by the involved parties.
Non-exchange trading of commodities or other assets to be delivered at a future date. Contracts for forward delivery are "tailored," i.e., delivery time, location and amount are determined between each seller and buyer and generally involve marketing, merchandising and delivery.
Refers to informal (non-exchange) trading of commodities to be delivered at a future date. Contracts for forward delivery are "personalized" (i.e., delivery time and amount are as determined between seller and customer).
A marketplace that allows same-day price fixing of currencies, commodities and securities that will be delivered at a future date.
A term used to describe the over-the-counter trading of forward contracts.
An informal market that trades in the future delivery of a specific type of oil, with only some transactions resulting in physical delivery. Unlike a futures market, regulation is much less strict, and there is no clearinghouse or margin payments. These conditions tend to restrict trading to large oil companies and financial entities. (See "Brent market" and "Dubai market.")
The forward market is the over-the-counter financial market in contracts for future delivery, so called forward contracts. Forward contracts are personalized between parties. The forward market is a general term used to describe the informal market by which these contracts are entered into.