This article has been translated from English to Tagalog.
Actual na physical na palitan ng isang currency para sa isa pa.
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Ang currency forward ay isang kasunduan na nagla-lock in ng exchange rate sa araw na pinirmahan ang kasunduan para sa isang transaksyon na matatapos sa susunod na araw.
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Ang IMM Date ay tumutukoy sa mga tiyak na petsa sa futures markets, partikular para sa mga financial instruments tulad ng currency futures, interest rate futures, at iba pang derivatives na kinakalakal sa International Monetary Market.