Mutual offset

Mutual offset

A system, such as the arrangement between the Chicago Mercantile Exchange (CME) and Singapore International Monetary Exchange (SIMEX), which allows trading positions established on one exchange to be offset or transferred on another exchange.

Mutual Offset

A system that allows positions on one exchange to transfer to another.
References in periodicals archive ?
Therefore, serious interference exists due to the electromagnetic force, which results in mutual offset in arc area.
This includes: cross-listing and cross-access services; the ability for holders of ASX and SGX derivatives positions to consolidate their exposures under mutual offset arrangements; an Australian dollar interest rate swaps clearing facility for over-the-counter contracts and; the development of wholesale and retail fixed income platforms.
And, there is a mutual offset facility available to brokers who trade on CME and SGX," said an NSE official.
SGX has a long-standing collaborative relationship with CME Group beginning with a mutual offset agreement in 1984.
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