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Switching |
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Switching Liquidating a position and simultaneously reinstating a position in another futures contract of the same type. Switching 1. The act of closing a position and opening another with better prospects. This term often applies to securities and mutual funds. See also: Load. 2. In futures, the act of liquidating a contract and using the proceeds to buy another on the same type with a longer maturity. This is often done to avoid receiving delivery of the underlying. 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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