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Forward exchange transaction |
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Forward exchange transactionForeign currency purchase or sale at the current exchange rate but with payment or delivery of the foreign currency at a future date.Forward exchange transaction Similar MatchesIntrabudgetary transactionsIntrabudgetary transactionsEffected when payment and receipt both occur within the budget, or when payment is made from off-budget federal entities whose budget authority and outlays are excluded from the budget totals. Official reserve transactionsOfficial reserve transactionsTransactions by a central bank that cause changes in its official reserves. These are usually purchases or sales of its own currency in the exchange market in exchange for foreign currencies or other foreign-currency-denominated assets. In the balance of payments a purchase of its own currency is a credit (+) and a sale is a debit (-). Transactions costsTransactions costsThe time, effort, and money necessary, including such things as commission fees and the cost of physically moving the asset from seller to buyer. Transactions costs should also include the bid/ask spread as well as price impact costs (for example a large sell order could lower the price). Related: Round-trip transactions costs, information costs, search costs. Cash transactionCash transactionA transaction in which exchange is immediate in the form of cash, unlike a forward contract (which calls for future delivery of an asset at an agreed-upon price). Opening transactionOpening transactionApplies to derivative products. (1)Buy or sell transaction that creates a position out of a flat one (writing an option short or buying an option long). Antithesis of closing transaction. (2) First transaction of the day in a stock. Further SuggestionsHighly leveraged transaction (HLT)Transaction Federal intrafund transactions Riskless transaction Taxable transaction Autonomous transaction Interfund transactions Intermediate transaction Transaction Insured Trade Acceptance Locator (TITAL) Transaction Risk COD transaction Net sales transaction Transaction exposure Structured arbitrage transaction Round trip transactions costs Transaction loan Transaction fee Transactions motive Transaction tax Shared equity transaction Trust fund transaction Net transaction exposure Intercompany transaction Transaction cost Spot transaction |
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