The exporter is concerned that the Canadian dollar may strengthen from its current rate of 1.0500 and it would receive fewer Canadian dollars per US dollar in one year. The Canadian exporter, therefore, enters into a forward contract to sell $1 million a year from now at the forward rate of US$1 = C$1.0655.
It is a contract between the bank and its customers in which the exchange/conversion of currencies would take place at future date at a rate of exchange in advance under the contract. The essential idea of entering into a forward contract is to fix the exchange rate in advance and thereby avoid the exchange rate risk.
A deal contingent forward is a specialised forward foreign exchange (FX) contract. The hedging customer is only obliged to fulfil the contract if a planned major transaction, such as an acquisition, occurs.
Name Change. A Name Change can be filed for an individual, minor, adult, or family. ing to chapter 68.07 of the Florida Statutes, a petitioner must have fingerprints taken electronically by an authorized agency prior to a court hearing on a request for a change of name.
As in with the Miami-Dade Status Quo Order, the Broward Status Quo Order commands that neither parent will permanently remove, cause to be removed, no permit the removal of any minor child of the parties to a location greater than fifty (50) miles from the principal residence of a parent.
Good news: any Florida resident can take advantage of same day divorce process – a simplified divorce. Again, though only one party needs to be resident, Broward County requires both parties to have valid Florida photo identification.