Forward Exchange Contract Definition

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International Foreign Exchange Master Agreement - IFEMA: An agreement set forth by the Foreign Exchange Committee that reflects the best practices for transactions in the foreign exchange market ... The present Agreement enters into force on the date when the last of the two Parties has duly signed it. The present Agreement is valid for 12 months since the date when signed by the Parties. Should the conditions of the present Agreement be fulfilled, the Agreement shall be prolonged for an indefinite period of time. Find the latest Forex client agreement with our company! Client, IB agreements, trading regulations and all other essential documents for your comfortable trading. 3.2. The Company Risk Disclosure Statement is an integral document, which explains in detail the risks involved in OTC FOREX/METALS/CFDs transactions. 3.3. The high leverage and low margin associated with OTC FOREX/METALS/CFDs may result in significant losses due to the price changes in OTC FOREX/METALS/CFDs. A forward exchange contract is an agreement between two parties to exchange two designated currencies at a specific time in the future. Forward contracts are not traded on exchanges, and standard ...

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