Operation of currency forward and futures market
Describe basic differences between operation of a currency forward market and a futures market.
Expert
Forward market is an OTC market where forward contract for the sale or purchase of foreign currency is tailor-made between the client and its international bank. No money changes hands up till the maturity date of the contract when the delivery and receipt are generally made. A futures contract is an exchange-traded instrument with the standardized attributes stating the contract size and the delivery date. Futures contracts are marked-to-market daily in order to reflect the changes in settlement price. Delivery is made sometimes in the futures market. Instead a reversing trade is made to close out a short or long position.
What is Creditor's Equity. Also write down its formula.
Owned by an entity, something that provides benefits and whose cost can be measured. The measure of the value of assets in dollar appears on the
Write down the chief categories under which budgets are divided?
Black Manufacturing Company Black Manufacturing produced a single product called the Great Beast. During the past three weeks, Lee High, the new cost accountant, had observed that production efficiency and input pr
1. Somerset Ltd manufactures components for the motor industry. In one of its workshops it has three workers, Joe, Jack and Jonny, who at any one time work on batches of the same component. The standard time allowed to produce one unit is one hour. The workers rate of pay is
State main objectives of Bretton Woods’s system?
Write down the merits of Budgetary Control?
Why teaching of accounting is not simple. Illustrate this statement.
State what is meant by Subsidiary bank.
Most of the organizations have established policies to remedy discrimination whenever hiring women and minorities. Discuss whether you feel that affirmative action programs, reverse discrimination, and criteria of comparable worth are suitable forms of remedy. You mus
18,76,764
1959316 Asked
3,689
Active Tutors
1441820
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!