It stands for foreign currency derivative; a contract/ instrument (a financial derivative) that involves two parties (a seller and a...

A contract/ instrument (a financial derivative) that involves two parties (a seller and a buyer) and derives its value from...

A contract/ instrument (a financial derivative) that involves two parties (a seller and a buyer) and derives its value from...

An option contract (a currency derivative) that gives its holder the right, but without the obligation, to buy or sell...

An option that gives the holder the right, without the obligation, to exchange a specific amount of money denominated in...