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Exchange Against Actual |
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Exchange Against Actual A transaction where an investor trades a cash position on a commodity for a futures contract on the same commodity. An exchange against actuals is useful when two investors have offsetting, hedged positions they wish to close. An exchange against actuals is also called an exchange against physicals or an exchange versus cash. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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