Forex banks, ECNs, and prime brokers offer NDF contracts, which are derivatives that have no real deliver-ability. NDFs are popular for currencies with restrictions such as the Argentinian peso. In fact, a Forex hedger can only hedge such risks with NDFs, as currencies such as the Argentinian Peso cannot be traded on open markets like major currencies

Non-deliverable forward (NDF)s

FROM Wikipedia

TakeTheProfits.com
Copyright TakeTheProfits.com 2016 - 2018 Open Account Open Account Login Login
Financial instruments          Trading Account