Exchange of Futures for Cash

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Exchange of Futures for Cash

An agreement between two parties in which a buyer of a commodity exchanges futures contracts for the commodity. Either the buyer gives the seller a certain amount in long position futures or he/she receives from the seller an equivalent amount of short position futures. If there is a difference between the futures and the price of the commodity, it is settled in cash. This transaction is also known as an exchange for physicals.
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EFP's Managing Director Sonja Heinen said on the new initiative.
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The Speaker said he communicated the EFP members decision to the county assembly automatically kicking the former majority leader out of office.The position of the leader of majority is now being held by Mr Abdi Adan Ali after EFP members elected him following a two-day meeting to remove the previous office holder, Mr Khalif said.
Majid Aziz President EFP said that an EFP sub office or a desk will be established in FCCI to protect the interests of its members in addition to saving them from unnecessary harassment of the concerned government departments.
Addressing a function at the Faisalabad Chamber of Commerce and Industry (FCCI) here on Saturday, Majid Aziz, the President EFP, said an EFP sub-office or a desk would be set up at the FCCI to protect interests of its members.
EFP President, Majyd Aziz and other office-bearers of the
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Taking a central role in the eFP and based more than 80 miles from the Russian border in the town of Tapa, the Senior Major of The Royal Welsh, Darren Hughes, said his troops are aware of why they are in Estonia.
PTCL has won the 'EFP Award on Best HRM Practices 2017' in recognition of its Best Human Resource Management practices.