{"id":11976,"date":"2024-04-08T12:02:18","date_gmt":"2024-04-08T08:02:18","guid":{"rendered":"https:\/\/fxglory.com\/helpdesk\/docs\/fxglory-help-center\/learn-forex\/forex-terms\/what-is-a-forward-deal\/"},"modified":"2024-07-11T16:39:18","modified_gmt":"2024-07-11T12:39:18","slug":"what-is-a-forward-deal","status":"publish","type":"docs","link":"https:\/\/fxglory.com\/helpdesk\/docs\/knowledgebase\/learn-forex\/forex-terms\/what-is-a-forward-deal\/","title":{"rendered":"What is a Forward deal?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"11976\" class=\"elementor elementor-11976\" data-elementor-post-type=\"docs\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0328e09 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"0328e09\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ec8a44a\" data-id=\"ec8a44a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1101aff elementor-widget elementor-widget-text-editor\" data-id=\"1101aff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Forward deals are contracts for purchasing a given amount of foreign currency on a predetermined future date at a predetermined exchange rate.<\/p><p>Delivery of the underlying currency is made on the deal\u2019s maturity date. Contrary to spot transactions, the date on which the forward deal is concluded differs from the date on which the payment is made. When the deal is made, an exchange rate is agreed upon, at which you can buy or sell the currency at a set time in the future. Forward deals can be made in most currencies and for a period of up to one year. The forward deal helps manage the risk of future changes in the exchange rate.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Forward deals are contracts for purchasing a given amount of foreign currency on a predetermined future date at a predetermined exchange rate. Delivery of the underlying currency is made on the deal\u2019s maturity date. Contrary to spot transactions, the date on which the forward deal is concluded differs from the date on which the payment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":11927,"menu_order":54,"comment_status":"open","ping_status":"closed","template":"","doc_tag":[],"class_list":["post-11976","docs","type-docs","status-publish","hentry","no-post-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/comments?post=11976"}],"version-history":[{"count":1,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11976\/revisions"}],"predecessor-version":[{"id":15207,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11976\/revisions\/15207"}],"up":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11927"}],"wp:attachment":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/media?parent=11976"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/doc_tag?post=11976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}