against actuals

Fin
relating to a trade between owners of futures contracts that allows both to reduce their positions to cash instead of commodities

The ultimate business dictionary. 2015.

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  • 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

  • exchange for physicals — A transaction generally used by two hedgers who want to exchange futures for cash positions. Also referred to as against actuals or versus cash. Chicago Board of Trade glossary An ex pit transaction in which traders may initiate or liquidate… …   Financial and business terms

  • exchange for physical — The exchange between two customers of a physical and futures position, which is agreed directly between the two parties outside of the exchange on which the futures are dealt. EFPs are reported to the exchange, and documentary evidence of a… …   Financial and business terms

  • A&A — AA Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. {{{image}}}   Sigles d une seule lettre > Sigles de deux lettres   Sigles de trois lettres …   Wikipédia en Français

  • A&A (Homonymie) — AA Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. {{{image}}}   Sigles d une seule lettre > Sigles de deux lettres   Sigles de trois lettres …   Wikipédia en Français

  • A & A — AA Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. {{{image}}}   Sigles d une seule lettre > Sigles de deux lettres   Sigles de trois lettres …   Wikipédia en Français

  • Aa — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. {{{image}}}   Sigles d une seule lettre > Sigles de deux lettres   Sigles de trois lettres …   Wikipédia en Français

  • Boulderaa — AA Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. {{{image}}}   Sigles d une seule lettre > Sigles de deux lettres   Sigles de trois lettres …   Wikipédia en Français

  • versus cash — A transaction generally used by two hedgers who want to exchange futures for cash positions. Also referred to as against actuals or exchange for physicals. Chicago Board of Trade glossary …   Financial and business terms

  • 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

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