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Switch

• British English for a swap; that is, buying a currency spot and selling it forward.

• Is the trading process whereby an open contract position is closed and another contract month is opened. This activity is sometimes called a spread or a rollover.

 
 Embedded terms in definition
 Contract month
Contract
Currency
Forward
Position
Rollover
Spread
Swap
Trading
 
 Referenced Terms
 Flip flop note: Note that allows investors to Switch between two different types of debt.

 Multicurrency clause: Such a clause on a Euro loan permits the borrower to Switch from one currency to another currency on a rollover date.Such a clause on a Euro loan permits the borrower to Switch from one currency to another on a rollover date.

 Multicurrency clause: Such a clause on a Euro loan permits the borrower to Switch from one currency to another currency on a rollover date.Such a clause on a Euro loan permits the borrower to Switch from one currency to another on a rollover date.

<< Swissy Switching >>

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