| 41. | On Tuesday, the bank denied speculation that it faced RM3 billion losses in forex forward contracts.
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| 42. | Many of Stratton's new holdings were acquired through forward contracts that have not yet been concluded.
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| 43. | Faust bought forward contracts, the most common hedge.
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| 44. | He did not detail which banks had entered into forward contracts, at what maturity or level.
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| 45. | Under the terms of the deal, both sides agreed to resolve the forward contract issue separately.
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| 46. | It can also involve external hedging such as buying a forward contract to offset FX exposure.
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| 47. | Futures contracts and forward contracts are means of hedging against the risk of adverse market movements.
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| 48. | Hedgers are interested in reducing risk, and thus will accept losing money on their forward contracts.
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| 49. | However, futurescontracts provide more flexibility than typical forward contracts becausefutures contracts may be disposed of at anytime.
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| 50. | Harvard bought shares from other major shareholders through forward contracts that have not yet matured, Arbess said.
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