exchange-for-physicals — An ex pit transaction in which traders may initiate or liquidate their positions by arranging for the simultaneous purchase or sale of the actual cash commodity pursuant to CME Rule 538 or 719.Example: One party buys the cash market currency and… … Financial and business terms
exchange of futures for physicals — A futures contract provision involving an agreement for delivery of a physical product that does not necessarily conform to contract specifications in all terms from one market participant to another, and a concomitant assumption of equal and… … Financial and business terms
Exchange of Futures for Cash — A method by which opposite parties of a futures contract that has underlying cash commodities aim to close out their positions simultaneously. Also know as exchange for physicals (EFP). This process is similar to a swap and can be completed in… … Investment dictionary
cash for futures — See Exchange For Physicals. Chicago Mercantile Exchange Glossary … Financial and business terms
physicals — Stock Exchange stocks held in actual commodities for immediate exchange, as opposed, for example, to futures. → physical … English new terms dictionary
International Petroleum Exchange — IPE An exchange, founded in London in 1980, that deals in futures contracts and options (including traded options) in oil (gas oil, Brent crude oil, and heavy fuel oil) with facilities for making an exchange of futures for physicals (see actuals) … Big dictionary of business and management
Transitional Living for Older Homeless Youth — In the United States, Transitional Living Programs usually refer to programs and efforts to teach independent living skills to homeless youth and help them transition to adulthood. The United States government supports a grant program to fund… … Wikipedia
ex-pit transaction — The closing out of a futures position off the exchange floor. Effected when two hedgers, one long and one short, make a private deal in the cash market, and no longer need their (equal and opposite) futures contracts to hedge. The hedgers contact … Financial and business terms
against actuals — A transaction generally used by two hedgers who want to exchange futures for cash positions. Also referred to as exchange for physicals or versus cash . Chicago Board of Trade glossary The term used on the LIFFE commodity market for an exchange… … Financial and business terms
ex pit transaction — The term Ex Pit refers to any transaction done non competitively. The only permissible ex pit transactions are EFPs EBFs defined block trades and transfers. Block trades must be executed in accordance with Rule 526. EFP and EBF transactions must… … Financial and business terms
