Foreign-exchange swaps

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A foreign exchange, or Forex, swap is a simultaneous purchase and sale of identical amounts of one currency for another with two different value dates. One part of the trade is a foreign exchange spot trade, and the other is a foreign exchange forward transaction. [1]

It is not to be confused with a currency swap.


  1. forex swap definition.

Last modified on 22 April 2013, at 10:04