Maršík, Martin; Vebr, František - 2012
the products of the forward market - FORWARD CONTRACT The forward market offers a forward contract to buy or sell a fixed … amount of currency at a fixed price on a specific date in the future. The settlement of the contract is in more than two days … forward contract for an exporter: The exporter is expecting cash flow (receipt) in DEM in 3 months that he wants to convert to …