Outright futures position
A position taken by the trader that has all risk based upon the futures position itself, and has direct Exposure and risk according to the fluctuations of price, without being hedged. In other words, if the trader takes a position in the gold market by purchasing the contract without buying options to cover the possibility of falling prices, they are said to have an outright futures position - tying their profitability to the price fluctuations in that market without protection.
Browse by Subjects
forward sales
take out
IVA
petrocurrency
exporter