A quick fire guide to currency forwards, futures and options to help you manage your currency exposure

If you need to manage your currency exposure (and you’ve probably got more than you think) we’ve put together a few articles on the different types of hedging facilities out there.

For those that need to buy or sell a large amount of foreign currency purchase or sale in the future currency forwards let you lock in an exchange rate for up to a year in advance on a buy now pay later basis. You have to put down a small deposit to cover market movements in the meantime and the balance is due on settlement.

Or for those that don’t need the actual currency, but just want to offset potential adverse currency movements there are a few guides on options and futures to consider.

It’s all broken down into handy bite size chunks in sections below:

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