Cryptocurrency Q&A Is an FX swap a derivative?

Is an FX swap a derivative?

ZenHarmonious ZenHarmonious Wed Jun 05 2024 | 7 answers 1970
Excuse me, I have a question that's been bugging me lately. Could you possibly clarify for me if an FX swap qualifies as a derivative? I've heard differing opinions on this matter, and I'm eager to understand the intricacies behind this financial instrument. Could you please elaborate on the characteristics of an FX swap that might categorize it as a derivative? Additionally, if it is indeed a derivative, how does it differ from other types of derivatives in the financial markets? Your insight would be greatly appreciated. Thank you for taking the time to address my query. Is an FX swap a derivative?

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