Foreign exchange: Difference between revisions

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-Foreign exchange - the conversion of one {{tag|currency}} into another - is often conveniently, even a little wittily - referred to as “{{tag|FX}}”. It is a subject which prompts whoops of excitement from some people and howls of anguish from others.
+{{g}}[[Foreign exchange]], the conversion of one {{tag|currency}} into another, is often conveniently — even a little wittily — referred to as “{{tag|FX}}”. It is a subject which prompts whoops of excitement from some people and howls of anguish from others.
 Some fun little facts:
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 There was an unbroken golden stream of authority, dating back 200 years, that an English court would award you damages in [[british pound|sterling]], and that was that. This thread was broken in the celebrated case of {{casenote|Miliangos|George Frank (Textiles) Limited|1976|AC|443}} wherein the House of Lords decided it could award damages in [[Swiss Francs]].
-In other news, whether you can claim [[FX]] losses for {{tag|breach of contract}} was considered, in {{casenote|President of India|Lips Maritime Corp}} (fondly known to all as “'''[[The Lips]]'''”) to be a matter for ordinary [[remoteness of damage]] principles. Which is why you will see draftspeople at pains to specifically include "FX conversion losses" as part of the measure of loss in a contract: if plainly contemplated by the parties (or reasonably within their contemplation), you should have no trouble making out your claim in [[damages]].
+In other news, whether you can claim [[FX]] losses for {{tag|breach of contract}} was considered, in {{casenote|President of India|Lips Maritime Corporation}} (fondly known to all as “'''[[The Lips]]'''”) to be a matter for ordinary [[remoteness of damage]] principles. Which is why you will see draftspeople at pains to specifically include “FX conversion losses” as part of the measure of loss in a contract: if plainly contemplated by the parties (or reasonably within their contemplation), you should have no trouble making out your claim in [[damages]].
 ===FX and {{tag|MiFID 2}}===
 {{spot fx and mifid}}
+{{sa}}
+*[[Spot FX]]
+*[[Spot contract]]