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Open contracts |
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Open contractsContracts that have been bought or sold without completion of the transaction by subsequent sale or purchase, or by making or taking actual delivery of the financial instrument or physical commodity.Open contracts Similar MatchesConditional sales contractsConditional sales contractsSimilar to equipment trust certificates, except that the lender is either the equipment manufacturer or a bank or finance company to which the manufacturer has sold the conditional sales contract. Cash settlement contractsCash settlement contractsFutures contracts such as stock index futures that settle for cash and do not involve delivery of the underlying. Long term forward contractsLong term forward contractsContracts that state exchange rate at which a specified amount of a particular currency can be exchanged at a future date (more than one year from today). Nexus (of contracts)Nexus (of contracts)A set or collection of something. Nondeliverable Forward Contracts (NDF)Nondeliverable Forward Contracts (NDF)Agreement regarding a position in a specified currency, a specified exchange rate, and a specified future settlement date, that does not result in delivery of currencies. Rather one party in the agreement makes a payment to the other party on the basis of the exchange rate at the future date. Further Suggestionscontracts for differenceSet of contracts perspective |
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