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EFP

It stands for exchange of futures for physicals. By definition, it is a transaction that involves simultaneously taking a cash…

Cash Futures Swap

A transaction that involves simultaneously taking a cash position and futures position on the same underlying. That means, a position taken…

Long Futures Position

Buying futures contracts either for trading or hedging purposes. It is the position of a futures buyer (long position in...

Net Position

The difference between the open long contracts and the open short contracts a trader holds in a specific instrument or...

Notional Principal Contract

Derivative contracts/ arrangements such as swaps, options, caps, floors, forward rate agreements (FRA), futures, or any similar instrument. The value...

Notionals

Notional principal contracts/ arrangements such as swaps, options, caps, floors, forward rate agreements (FRA), futures, or any similar instrument. The...

Actuals

The physical or cash commodity as differentiated from a futures contract in which it is used as an underlying. Differently...

Assignment

The designation made by a clearing corporation requesting a specified option writer to purchase in case of a put option...

Aggregation

The adding up of all futures positions owned or controlled by one investor or a group of investors, so that...