ACI Dealing Certificate (#418)

A forward/forward FX swap:

is a contract by which the maturity of a regular FX swap can be extended at an historic (noncurrent) rate
is a swap transaction where the near leg is traded either value today or value tomorrow and the far leg is traded spot
is a swap that does not start spot and where both the near and the far leg are traded forward
is a transaction by which a maturing outright forward FX is prolonged at an historic (non-current) rate