Forex and currency derivatives: get the direction right
Map the currency, quotation direction, quantity, and payment date before comparing futures, forwards, or options.
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Start with the base and quote currencies, then connect contract units and settlement dates to a defined future payment or receipt.
Map the currency, quotation direction, quantity, and payment date before comparing futures, forwards, or options.
Start with the contract description, then reproduce the hypothetical example using its stated units. Keep the market exposure, collateral, and settlement questions separate. Related topic links in each article connect this category to the wider directory.
For definitions, use the derivatives glossary. For primary references, visit the source library. The articles explain structures and tradeoffs; they do not provide live quotes or individual investment recommendations.