What is the meaning of forward market?

forward market is the informal (nonexchange) trading of foreign exchange or commodities to be delivered at a future date. Contracts for forward delivery are not standardized. Instead, the delivery time and amount are negotiated by the parties.

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APABarry Goldsmith. (2010). forward market. Retrieved September 24, 2026, from http://smartdefine.org/forward_market/definitions/1154466
ChicagoBarry Goldsmith. 2010. "forward market" http://smartdefine.org/forward_market/definitions/1154466 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, forward market, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/forward_market/definitions/1154466>.
MLABarry Goldsmith. "forward market" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/forward_market/definitions/1154466>
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