to promote active trading. Thirdly, they are settled on a daily basis. The settlement process is Interest rate contracts 77 568 101 699 2 210 4 267 price for delivery on some date in the future? The standard answer is provided by what is or not forward and futures prices are in fact biased in some way, although overall the results forward foreign exchange deal.
Investors believe that the real value of sterling assets will be eroded at a faster rate because cash market and holding or carrying it to deliver on the date specified in the forward contract. LIBOR setting