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Fittoniya [83]
2 years ago
5

A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date.

Business
1 answer:
sweet-ann [11.9K]2 years ago
8 0

A  Forward transaction in the foreign exchange market requires delivery of foreign exchange at some future date.

A forward contract, or simply a forward, is a sort of derivative instrument in finance. It is a non-standard contract between two parties to buy or sell an asset at a specific future time at a price agreed upon at the time of the contract's conclusion.

A forward transaction is when two people or other entities bind themselves to carry out a trade in the future rather than right now. Futures deals differ from spot trading due to the timing of the transactions.

Learn more about Forward transaction here

brainly.com/question/1518204

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