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Derivatives

  Derivatives   |   Terms
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  • December 27, 2022
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Undated Forward

A forward contract that grants the seller the option to defer delivery to a specific date in the future rather than make delivery at a date when the trade is unfavorable to the seller. Undated forwards are often used to hedge future price exposures especially in gold markets.

This is also referred to as a spot-deferred contract.


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