Earning the Points

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Earning the Points

Somewhat informal; in foreign exchange, the act of selling a futures contract on a currency at a high exchange rate and buying a currency on the spot market at a lower exchange rate. When one must deliver the underlying currency on the futures contract, earning the points guarantees a gain because one sells the currency at a higher rate than the one at which one bought it. See also: Losing the points.
References in periodicals archive ?
Only one person from the team is required to complete a trick or challenge to earn the points (unless the challenge specifically says "everyone.
Only one person can earn the points on any specific trick--ie, just because two people can do it doesn't mean you get the points twice.