An action taken by a trader in the forex, options or futures market where a second position is taken that is opposite to the original position. To offset a trading position with an opposite position effectively reduces a trader's position to flat (not long or short) avoiding further obligations for delivery on the trader's part.
Browse by Subjects
See All Related Terms »
sales, general & administration (SG&A)
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):