Where can you buy one-time forex futures contract?
December 21st, 2009
wise man of babylon asked:
I am planning to attend university in Britain next year, but I currently get paid in USD. I want to take advantage of the low USD-GBP exchange rate to buy a one-time futures contract so that when I actually have my money in USD in 9 months, I can buy GBP at a guaranteed rate. I am planning to convert about $20k. Where would be the best place to buy this contract, any idea about how much it can cost (hundreds? thousands)? thanks.
SAWYERS
I am planning to attend university in Britain next year, but I currently get paid in USD. I want to take advantage of the low USD-GBP exchange rate to buy a one-time futures contract so that when I actually have my money in USD in 9 months, I can buy GBP at a guaranteed rate. I am planning to convert about $20k. Where would be the best place to buy this contract, any idea about how much it can cost (hundreds? thousands)? thanks.
SAWYERS
The premium is 0105 2100.
For months and the premium is 0105 0105 0105 0105 0105 2100.
An account with saxobank its international bank use their trading platform on forex options long put options on gbpusd for months and the premium is 0105 2100.
An account with saxobank its international bank use their trading platform on gbpusd for months and the premium is 0105 0105 0105 20000 0105 2100.