What is the difference between a spot transaction and a forward transaction in the foreign-exchange market?
1.What is the difference between a spot transaction and a forward transaction in the foreign-exchange market?
2. What are the key differences between foreign-exchange forward contracts and foreign-exchange futures contracts?
3. Why are forward contracts more widely used in the foreign-exchange market than are futures contracts?
Please add references and citations. 450 words minimum
1.What is the difference between a spot transaction and a forward transaction in the foreign-exchange market?
2. What are the key differences between foreign-exchange forward contracts and foreign-exchange futures contracts?
3. Why are forward contracts more widely used in the foreign-exchange market than are futures contracts?
Please add references and citations. 450 words minimum
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