a3412bbc__Contracts___TheFinanceConcept__Forward_contracts
[Sr. No.] 9 [Future Contracts] Parties can anytime enter into opposite transactions before expiry. [Forward contracts] 
Forward contract are generally intended to be in force till maturity, however, it is possible for party to enter into opposite transaction before expiry.
Difference between Forward Contracts and Future Contracts - TheFinanceConcept