Time allotted in which it takes the two parties of a transaction to satisfy the transaction’s obligations.
Settlement Period
Related Terms
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A currency forward is an agreement that locks in an exchange rate the day on which the agreement is signed for a transaction that will be completed later.
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The forex spot rate (or FX spot rate) is the amount it costs in one currency to buy another currency for immediate delivery. There isn’t a single “spot” rate. When opening a trade, FX traders are...
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A forward contract involves an agreement between two parties to buy or sell an underlying asset at a predetermined price on a specified future date.
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for another. While it is called “foreign” exchange, this is just a relative term. The terms “foreign” and “domestic” are relative to the person using the term. What is foreign to someone is considered domestic to another. “Currency exchange” […]
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A swap is a contract between two parties who agree to exchange cash flows based on a predetermined set of terms.