swap
In exchange markets, this is a simultaneous sale of a currency on the spot market together with a purchase of the same amount on the Forward Market. By combining these two transactions into a single one,transactions costs may be reduced. An arrangement between central banks whereby they each agree to lend their currency to the other.
Browse by Subjects
dealing desk
quanto swap
tomorrow next trade
fixed dates
rate differential swap
See All Related Terms »

low
Foreign Position
tax avoidance
in-and-out trader
employers liability insurance