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FX Swap Points

Foreign exchange swaps (FX swaps) are typically quoted in terms of pips (exchange rates are generally quoted up to five...

Fwd-Fwd

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

Forward-Forward

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

Foreign Exchange Swap

The spontaneous purchase and sale of two identical amounts in two different currencies with two different value dates. Differently stated,...