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Re: Pennieweyez post# 16250

Thursday, 04/04/2013 11:27:09 AM

Thursday, April 04, 2013 11:27:09 AM

Post# of 34566
In the link I found, can a forward contract be done here?

"A Forward Contract is a way for a buyer or a seller to lock in a purchasing or selling price for an asset, with the transaction set to occur in the future. In essence, it is a financial contract obligating the buyer to buy, and the seller to sell a given asset at a predetermined price and date in the future. No cash or assets are exchanged until expiry, or the delivery date of the contract. On the delivery date, forward contracts can be settled by physical delivery of the asset or cash settlement"

From following site:

http://www.wikinvest.com/wiki/Forward_Contract