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English to Vietnamese translations [PRO] Bus/Financial - Finance (general) | | English term or phrase: Non-Deliverable Forwards | | Phillip Futures recognized the increased interest in this sector of market and thus launched Asian Currencies contracts (also known as Non-Deliverable Forwards) in April 2005. These are net cash settled forward on emerging market currencies, thus not involving any physical delivery of the transacted currencies. Similar to FX Margin trading, there is leverage facility and it is priced factoring in interest rates of the countries and the market participants’ expectation, as well as economical and geopolitical situations |
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Ngo Thanh Ha Local time: 22:18
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| Changes made by editors |
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| May 20, 2009 - Changes made by Ngo Thanh Ha: | | Created KOG entry | KudoZ term => KOG term |
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