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Evian, CFA助教
2020-07-06 16:03
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Finally, forward contracts need not specifically settle by delivery of the underlying asset. They can settle by an exchange of cash. These contracts—called non-deliverable forwards (NDFs), cash-settled forwards, or contracts for differences—have the same economic effect as do their delivery-based counterparts.(摘自原版書)
其中,“non-deliverable forwards (NDFs)”和“contracts for differences”有相同的結算程序。
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