| 11. | Future contracts typically are more liquid than forward contracts and move with the market.
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| 12. | Unlike more common forward contracts, trade options don't require delivery of the physical commodity.
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| 13. | Companies like IBM can hedge against those moves by buying forward contracts or options.
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| 14. | For most exchanges, forward contracts were standard at the time.
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| 15. | It would depend on the elasticity of demand for forward contracts and such like.
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| 16. | However, most forward contracts were not honored by both the buyer and the seller.
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| 17. | Non-deliverable forward contracts are contracts that aren't settled in cash.
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| 18. | The concerns of commodities have resulted in forward contracts to sell and buy commodities.
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| 19. | In terms of financing, many are hedging against exchange rate fluctuations through forward contracts.
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| 20. | -- JAL loses 220 bil . yen in exchange forward contracts . ( Asahi)
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