There are no interest and income issues in futures foreign exchange trading. Whether buying or selling any currency, investors do not get interest, and of course they do not have to pay interest. The trading method of futures foreign exchange trading is the same as that of contract spot foreign exchange trading. You can buy first and then sell, or you can sell first and then buy, and you can choose both ways.
Futures foreign exchange speculation is to buy or sell a certain amount of another currency with US dollars on an agreed date according to the determined exchange rate. Futures foreign exchange and spot trading have similarities and differences. Contract spot foreign exchange is traded through the bank. Futures foreign exchange trading does not have the issue of interest expenditure and income. No matter buying or selling any foreign currency, investors will not get interest, and of course they do not have to pay interest. The trading method of futures foreign exchange trading is exactly the same as that of spot foreign exchange contracts. You can buy first and then sell, or you can sell first and then buy, which can be a two-way choice.
Futures foreign exchange speculation is to buy or sell a certain amount of another currency with US dollars at an agreed time and at a determined exchange rate. Futures speculation and contract spot trading have both similarities and differences. Contract spot foreign exchange is traded through banks or foreign exchange companies, and futures foreign exchange is traded in a special futures market. The futures market consists of two parts: the trading market and the clearing market.
After the futures buyers and sellers complete the transaction on the exchange, the clearing center becomes the place where the two parties go until the actual delivery of the futures contract. Connect futures foreign exchange and contract foreign exchange with each other, compare the two, and introduce the specific operation mode of futures foreign exchange.
The number of futures foreign exchange transactions is exactly the same as that of contract spot foreign exchange speculation. Futures speculation is at least one contract. The amount of each contract has different regulations for different currencies. For example, a pound contract is 62,500 pounds, a Japanese yen is 12,500,00 yen, and a euro is 125,000 euros.
The delivery date of the futures foreign exchange contract has strict regulations, which is not the case in the contract spot foreign exchange transaction. The delivery date of the futures contract is stipulated as the Wednesday of the third week in March, June, September, and December of the year. In the same way, there are only 4 contract delivery days in a year, but transactions can be carried out at other times, but delivery cannot be made. If the bank is closed on the delivery day, it will be postponed by one day.
The price of the futures foreign exchange contract is expressed in terms of how much a foreign currency is equal to in US dollars. Therefore, except for the British pound, the futures foreign exchange price and the contract foreign exchange rate are exactly the reciprocal of each other. For example, the December Swiss franc futures price is 0.6200, and the reciprocal is exactly 1.6126.
There is no issue of interest expenditure and income in futures foreign exchange trading. No matter buying or selling any foreign currency, investors will not get interest, and of course they do not have to pay interest.
The trading method of futures foreign exchange is exactly the same as that of contract spot foreign exchange. It can be bought first and then sold, or sold first and then bought, which can be a two-way choice.
