ACI Dealing Certificate (#295)

What is an FX swap from spot?

An exchange of two streams of interest payments in different currencies and an exchange of the principal amounts of those currencies at maturity
A spot sale (purchase) and a forward purchase (sale) of two currencies agreed simultaneously between two parties
An exchange of currencies on a date beyond spot and at a price fixed today
An agreement to buy (sell) an amount of base currency value spot and simultaneously resell (buy back) the same amount to the same counterpart value today