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What do forward contracts usually need?
A forward contract refers to a contract that will be performed at some point in the future. It usually includes all aspects of price and time.

In a forward contract, the following methods are usually used to determine the rights and obligations of both parties to the transaction:

1. Price: Forward contracts usually determine the transaction price for future delivery.

2. Delivery time: Forward contracts usually determine the specific time of future delivery.

3. Delivery place: Forward contracts usually determine the specific place for future delivery.

4. Delivery quantity: Forward contracts usually determine the future delivery quantity.

5. Delivery currency: Forward contracts usually determine the currency type of future delivery.

The forward contract may also include other terms, such as liability for breach of contract, deposit requirements, etc. Investors should read the contract terms carefully and fully evaluate the risks involved when participating in forward contract transactions.