ex pit transaction
A deal used to close out opposing interests in a futures contract that is negotiated outside of an exchange. In an ex pit transaction, a Cash commodity buyer might transfer to or receive from another counterparty a similar and offsetting amount of futures contracts at a mutually agreed upon price differential. also called exchange for physicals against actuals, or exchange of futures for cash.
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compromise
Export Credit Guarantee Department
exit value
Volatile
Inland Revenue