Exchange for Physical
Financial exchange between two foreign exchange traders wherein the Futures equivalent of a Cash commodity is swapped for currency. This is done to allow both forex traders to hedge against alternate positions. Also called exchange for actuals, Exchange of Spot or Exchange versus Cash.
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Exchange of Spot
Exchange Against Actuals
ex pit transaction
Exchange versus Cash
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Direct Market Access
Chief Secretary to the Treasury
value chain costing
annual income
Transaction Costs