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5. Currency futures

5. Currency futures. International Financial Services 2 Karel Bruna. Currency futures USD /EUR contract specification on CME. Currency futures Example of daily settlement. Currency futures daily profits/losses calculation.

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5. Currency futures

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  1. 5. Currency futures International Financial Services 2 Karel Bruna

  2. Currency futuresUSD/EUR contract specification on CME

  3. Currency futuresExample of daily settlement

  4. Currency futuresdaily profits/losses calculation daily settlement = (FPt - FPt-1).trading units.number of contract

  5. Currency futures price spot rate interest rate differential 1 + IRUSD(t/360) FPUSD/EUR = SRUSD/EUR . ------------------------- 1 + IREUR(t/360) futures price time to maturity date

  6. Currency futures quotation

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