Forward Cash Delivery Commitment

From Open Risk Manual

Definition

Forward Cash Delivery Commitment. A commitment to deliver a cash amount at an agreed date in the future.

Not the earliest possible date as in a Spot. FpML exchangedCurrency1 referred to as a "Currency Stream" 'This is the first of the two currency flows that define a single leg of a standard foreign exchange transaction.'

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This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.