A company will pay 6.5438+0 million euros after half a year. The correct exchange rate risk management method is: buy euro futures and buy forward euros.
Futures are standardized contracts. There are futures in the month and futures in half a year. A futures contract is generally 10w euros. You need to buy ten. Standardized contracts belong to field contracts. The forward contract is agreed. You can make a100W forward contract ... The quantity and delivery method can be made by yourself. The contract is non-standardized and belongs to an off-site contract. The margin ratio is also different.