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Related to Round-turn: Round Turn Trade
Procedure by which the long or short position of an individual is offset by an opposite transaction or by accepting or making delivery of the actual financial instrument or physical commodity.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
In futures and equities, to take a position and then later to close it. For example, an investor who buys a futures contract and then sells it and an investor who short sells a contract and then covers it are both round tripping. The practice is also called a round turn.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved