What does "FX Forwards from Futures" do?
Increasingly, the liquidity of the Futures Market and their close prices tend to provide an excellent insight into the true levels of FX Fwds. They can also provide considerably closer prices, especially beyond 1 year.
FFF works by taking in live Futures Prices, together with FX Spots. It also displays market FX Fwds for comparison purposes, highlighting whenever FFF prices beat natural market levels.
In one neat display, you can read the levels of FX Fwds as suggested by every tic movement in the Futures Exchanges. You have the option to override the implied Fras, the Stub (see page ) and the Market FX Fwds.
Scandinavian Fwds from “Futures” are created synthetically from Fras, again helping to provide another “take” on where prices levels should be
For US Futures, IMM, Simex or Globex can be chosen.
A broken date facility provides levels for any date out to 3 years