All CollectionsHedgeAbout HedgeAbout HedgeLearn about FX risk and Ebury's Hedge platform14 articlesWhat is currency risk or FX exposure?What is a spot transaction?What is a forward contract?What is a fixed forward vs. a window forward?What flexibility do I get with forward contracts?What happens if I don’t hedge?Do I need to pay any upfront cost to enter into a forward contract?Are there any risks associated with forward contracts?For how long can I enter into a contract?Am I obligated to buy the currency if I enter into a forward contract?Can’t I just use my bank for global transactions?What is the Ebury Hedge platform?How does the Ebury forward contract work?How do I book a trade with Ebury?