Non-deliverable forward
id:
non-deliverable-forward-306-17342761
title:
Non-deliverable forward
text:
In finance, a non-deliverable forward (NDF) is an outright forward or futures contract in which counterparties settle the difference between the contracted NDF price or rate and the prevailing spot price or rate on an agreed notional amount. It is used in various markets such as foreign exchange and commodities. NDFs are also known as forward contracts for differences (FCD). NDFs are prevalent in some countries where forward FX trading has been banned by the government.
brand slug:
wiki
category slug:
encyclopedia
description:
Type of finance contract
original url:
https://en.wikipedia.org/wiki/Non-deliverable_forward
date created:
date modified:
2024-02-27T23:38:40Z
main entity:
{"identifier":"Q6132592","url":"https://www.wikidata.org/entity/Q6132592"}
image:
fields total:
13
integrity:
14