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Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
Ronak kumari upadhyay Best Answer
Dear student A forward market is an over-the-counter marketplace that sets the price of a financial instrument or asset for future delivery. Forward markets are used for trading a range of instruments, but the term is primarily used with reference to the foreign exchange market. It can also apply to markets for securities and interest rates as well as commodities. so yes they both are under the same concept. hope now it is clear to you.