{"id":180313,"date":"2021-06-22T14:10:00","date_gmt":"2021-06-22T18:10:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/glossary-terms\/forward-contract\/"},"modified":"2023-01-22T13:35:30","modified_gmt":"2023-01-22T18:35:30","slug":"forward-contract","status":"publish","type":"glossary-terms","link":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/forward-contract\/","title":{"rendered":"Forward Contract"},"content":{"rendered":"<p>A non-standardized financial contract between two entities to buy or sell an asset at an predetermined price at a specified future date. Forward contracts are\u00a0OTC\u00a0derivative instruments that are very similar but distinct from a\u00a0Futures Contract.  Forward contracts differ from Futures contracts by being extremely customizable in terms of commodity type, amount, and delivery date. Due to this, forward contracts are also not as easily available on retail exchanges by comparison.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A non-standardized financial contract between two entities to buy or sell an asset at an predetermined price at a specified future date. Forward contracts are\u00a0OTC\u00a0derivative instruments that are very similar but distinct from a\u00a0Futures Contract. Forward contracts differ from Futures contracts by being extremely customizable in terms of commodity type, amount, and delivery date. Due to this, forward contracts are also not as easily available on retail exchanges by comparison.<\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"traders-glossary":[13270,13251],"class_list":{"0":"post-180313","1":"glossary-terms","2":"type-glossary-terms","3":"status-publish","5":"traders-glossary-trading-terms-f","6":"traders-glossary-trading-alphabet"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Archives Term | IBKR Glossary | IBKR Campus<\/title>\n<meta name=\"description\" content=\"A non-standardized financial contract between two entities to buy or sell an asset at an predetermined price at a specified future date.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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