Derivatives · glossary

FX forward, cross-currency swap, commodity swap

Three other derivatives on the same frame. An FX forward exchanges currencies later at today's price. A cross-currency swap exchanges interest in two currencies, with the principal swapped at each end, and a commodity swap pays a fixed price against a published one. Chapter 14

Explained in Chapter 14, The Wider Room, of Derivatives.

Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

Related terms

Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Derivatives → · All terms A–Z →