Option Dated Forward

You can buy or sell a currency pair for a date in the future, at a predeturmined rate, with the added advantage of being able to drawdown within a set time frame for example; on the 1/2/11 you buy $100,000 sell £ @ 1.61 for 30/3/11 with a window to drawdown from the 28/2/11 to the 30/3/11 with no cost and recieving the rate of 1.61. The contract will need to be used by the end date or extended

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