Exchange Against Actual

(redirected from Against Actuals)

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.
References in periodicals archive ?
Moviegoers can find out for themselves how estimates stack up against actuals by visiting www.
The financial management module will enable companies to better track plans against actuals, and to better position enterprises to address performance with vendors and negotiate or renegotiate vendor contracts.
Arthur Planning measures plans against actuals, which can be automatically down-loaded from the company's transaction processing system.