13,000,000 Japanese Yen

Discussion in 'Index Futures' started by cml2949, Apr 1, 2008.

  1. cml2949


    Hi, on a trip last year to Japan I converted U.S dollar to Japanese Yen.. On the trip back to the U.S I held on to the yen instead of converted it back to the dollar.

    I noticed that I have around 13,000,000 yen which is a little more than 1 future contract. I want to exchange it back to dollar soon and the exchange rates at these currency exchanges are horrible.

    Anybody familiar with FCM's which will allow me to sell a future and let it expire to exchange the yen. What's the process?

    Will it be a better rate? Is there any other ideas to exchange from yen to dollar?

    Thanks in advance..
  2. cml2949


    sorry, I posted under the incorrect thread!!