The Future Date on Which the Currencies Are Actually Exchanged

question 42

Multiple Choice

The future date on which the currencies are actually exchanged is called what?

• A) the value date
• B) the spot exchange date
• C) the two-day window
• D) the commitment date
• E) the forward exchange rate

---

Definitions:

Grignard Reagent

An organomagnesium compound used in chemistry for creating new carbon-carbon bonds.

Alkyl Halides

Organic compounds containing a halogen atom(X) bonded to an sp3-hybridized carbon atom, used in many chemical reactions and synthesis.

Grignard Reagent

An organomagnesium compound used in chemical reactions to form carbon-carbon bonds, instrumental in organic synthesis.

Mg/Diethylether

A common Grignard reaction solvent system involving magnesium metal in diethyl ether, used in organic synthesis to form carbon-carbon bonds.