TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

EXCHANGE PHYSICAL [1 record]

Record 1 2003-02-14

English

Subject field(s)
  • Trade
DEF

A futures transaction made between a buyer of a cash commodity and a seller of a cash commodity at an agreed upon price outside the pit on the floor of the exchange. The buyer of the cash commodity transfers to the seller a set number of futures contracts at the agreed price.

Key term(s)
  • exchange for physicals

French

Domaine(s)
  • Commerce
DEF

Échange pratiqué sur le marché à terme entre l'acheteur et le vendeur d'une marchandise physique à un prix établi de gré à gré, à l'écart de la section des contrats à terme du parquet. L'acheteur de la marchandise physique cède alors au vendeur un nombre déterminé de contrats à terme au prix convenu.

Spanish

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