A Reliance Capital Company
Company Search 43
Open an Account  | Login  | Demo
Tuesday, December 11, 2007
Understand the basics of investing and trading online. Delve into advanced concepts and strategies that will give you an edge.
Equity   |   Derivatives   |   IPO   |   Commodity   |   Mutual Funds   |   Forex   |   Insurance   |   Mobile

OVERVIEW

Equity    Derivatives    Mutual Fund    Commodities    Forex    IPO   View FAQs   Glossary


Forex - Forex Trading: Basic Concepts
Forex - Forex Trading: Basic Concepts

Understanding Value-date

All Spot Forex contracts are essentially a customized Forward Contract with set value dates, i.e. date on which Delivery of the contracted item has to take place in exchange for the agreed upon price.

The spot FX market is traded on a 2-business day value date. For trades executed on Monday, the value day, or day of delivery, is Wednesday. However, if a position is opened on Monday and held until Tuesday, then the next value day will be Thursday.

In the event if value date occurs over a weekend or a public holiday of the respective currency, delivery will take place on the next business day.
Back
 
 
News
 
Research
 
Markets
 
Knowledge Center
 
Charting
 
Customer Service
 
Contact Us
 
Site Map
 
SEBI | BSE | NSE
Terms & Conditions | Disclaimer | Online Privacy | Trouble Logging in
Copyright© 2007. All rights Reserved. Reliance Money Limited
Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
Registration Number Capital Market :- INB 011234839 | NSE SEBI Registration Number Derivatives :- INF 231234833 Commodities : Trading through Reliance Commodities Limited | MCX member code: 29030 | NCDEX member code: NCDEX-CO-05-00647|
NMCE member code: CL0120 Mutual Funds : Reliance Securities Limited | AMFI ARN No.29889
In case of any grievances please write to [email protected]
In case of any queries/ complaints with respect to stock broking transactions executed on this website or pertaining account opening, Pl.address your correspondence to Reliance Securities Limited.