The risk (settlement risk) that a market participant, though having delivered a currency it sold, may fail to receive the...

An FX option that gives the buyer of the option the right to receive an agreed monetary amount (the payoff)...

A state-backed digital currency that is issued as part of the official money supply in an economy (parallel with fiat...

The exchange rate that is quoted and used for a FX transaction involving two specific currencies (a currency pair), where...

The amount by which the FX forward rate (foreign exchange forward rate) for a currency is less than its FX...

An exchange rate (the price of one currency expressed in the price of another) which reflects the fact that actual...

The amount by which the FX forward rate (foreign exchange forward rate) for a currency exceeds its FX spot rate:...

An abbreviation for forward-forward; a foreign exchange swap (FX swap) that starts (comes into effect) to a certain date in...

A foreign exchange swap (FX swap) that starts (comes into effect) to a certain date in the future. This arrangement...

The rate of return that is implied by the forward rate. It is calculated using the following formula: Forward implied...