How to deliver foreign exchange futures?

Foreign exchange delivery is a matter that we all need to understand, so how should foreign exchange futures be delivered? This time, I'd like to give you an idea of how to deliver foreign exchange futures?


Usually, one of the two currencies is the US dollar, in this case, the futures price of each currency is x US dollars. The futures price of some currencies can be expressed in a different way from the corresponding foreign exchange spot rate.

After the buyer and the seller of the futures contract conclude the transaction in the exchange, the settlement center becomes its counterpart until the futures contract is actually delivered. Foreign exchange futures and contract foreign exchange trading have certain relations and differences in the specific operation mode.

Foreign exchange futures have delivery dates. The delivery months of all foreign exchange futures contracts on the international money market are the same: March, June, September and December of each year. The third Wednesday of the delivery month is the delivery day of the month.

1. Introduction to foreign exchange futures trading
Foreign exchange futures trading is the buying and selling of a certain amount of dollars in another currency at a fixed exchange rate on an agreed date.
2. All the major futures trading in the world
Chicago futures exchange, New York Mercantile Exchange, Sydney Futures Exchange, Singapore futures exchange, London futures exchange.
A futures market must have at least two parts: a trading market and a clearing house. After the buyer and the seller of the futures contract conclude the transaction in the exchange, the settlement center becomes its counterpart until the futures contract is actually delivered. Foreign exchange futures and contract foreign exchange trading have certain relations and differences in the specific operation mode.
3. Daily trading limit of foreign exchange futures
Daily limit refers to the fluctuation range of futures contract within one day higher or lower than the settlement price of the previous trading day. The restrictions specified in the eight foreign exchange futures contracts are as follows: Mark 1250, Japanese yen 1250, Swiss Franc 1875, Mexican peso, Dutch gold coin, 1500 US dollar, 1250 French franc. Once the price exceeds the limit, the transaction is invalid.

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