AGAINST ACTUALS
against actuals: translation
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 for physicals. Dresdner Kleinwort Wasserstein financial glossary
* * *
► See Exchange for Physical.
Смотреть больше слов в «Financial and business terms»
AGAINST ALL ODDS →← AGAINST ACTUAL