Retender

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Retender

To sell the delivery notice on a futures contract. When a futures contract matures, the seller of the underlying asset gives his/her intent to deliver to the clearing house, which then gives delivery notice to the buyer. The buyer then may retender, or sell the delivery notice, to a third party to ensure that the buyer does not actually receive the underlying asset. Retendering occurs because most futures investors do not wish to actually receive what they buy; sometimes, it may be avoided by settling in cash. It is important to note that some futures contracts do not permit retendering.
References in periodicals archive ?
Prior information notice without call for competition: Derby and derby shire long-term ppp waste project potential retendering
This pin relates to a potential retendering of the derby city council and derbyshire county council (together the councils) ppp waste services contract (the contract) in accordance with its terms.
'As with all previous tenders carried out by MRT Corp, we will ensure that the retendering process is absolutely transparent,' he said.
Shahril said, however, the termination and retendering process would be relatively complex as the underground works are currently 39 per cent complete.
The retendering work for the bridge heightened the cost.
Schedules for this project Q2-2005 Feed Q2-2007 EPC ITB Q4-2007 Construction Q2-2009 On hold Q4-2009 Retendering Q1-2010 Expected Completion
Ministry of justice (moj) is retendering education provision in the four young offenders institutions (yois) in england which are operated by the youth custody service (ycs) - hmyoi cookham wood, hmyoi feltham, hmyoi werrington and hmyoi wetherby.
The company wrote to its stakeholders, which include the UK/Dutch Shell Group, the UK's BP, France's Total, the US' ExxonMobil Corporation and Cayman Island-based Partex, in late October asking whether they favoured retendering or negotiating with the lowest bidders.
Tenders are invited for Supply, installation and commissioning of one six-legged robot at centre for robotics(retendering)
Finally, the Minister will be recommending a regulation extending the protection of remuneration levels to workers covered by a collective agreement at airports and airlines following contract retendering. The practices of contract retendering or contract-flipping are serious issues at some Canadian airports and we are taking action.
Tenders are invited for Retendering for porta cabin of nephro dept Provision of 01X Porta Cabin of size:- a) 40X20X10 ft (Nephrology)
Tenders are invited for Retendering Of Supply And Stacking Of Stone Aggregate Of Different Sizes For Construction Of Gajni Bridge At Km 35.800 On Road Oksrt In 1441 Bcc Sector In Arunchal Pradesh