31.   Forward contracts, for example, have been a staple of agriculture for decades.

32.   Harvard bought shares from other major shareholders through forward contracts that have not yet matured, Arbess said.

33.   Hedge-to-arrive contracts are spinoffs of the more common and unregulated forward contract, which requires delivery of grain on a specific date.

34.   Hedging is done with forward contracts or currency options.

35.   In a forward contract, investors buy an asset at current prices for delivery at a future date.

36.   Investments will be made through a new bank account that allows foreigners to trade on the nssecondary market for the first time, repatriating their earnings through forward contracts.

37.   Investments will be made through a new bank account that allows foreigners to trade on the secondary market for the first time, repatriating their earnings through forward contracts.

38.   Japanese securities companies are allowed to buy or sell forward contracts and do currency swaps to assist their customers in buying or selling foreign securities.

39.   Many of these companies have also hedged their production for the next year at higher prices using forward contracts.

40.   No new forward contracts were entered into during the quarter, Mt Leyshon said.