Brazil
https://www.b3.com.br/en_us/products-and-services/trading/interest-rates/one-day-interbank-deposit-futures.htm
Financial Derivatives
FX NDF
FX NDF(Non-Deliverable Forward) Definition: There are usually FX forward but one is deliverable currency and another is non-deliverable. The non-deliverable currency can not be transferred or settled in USA. Description: FX NDF = FX Forward + FX Spot (in the end of the maturity). There is a fixing , means the final FX rate is …
Foreign Exchange
FX Forward: Definition: The transaction is buying or selling of foreign currency notional in future date. Description: The notional is exchanged between two counterparties in difference currency at pre-determined rate in the future which can be any tenor 1W to 10Y or beyond. Example: MXN vs USD- Buying USD and selling MXN currencies on 1Year …