Exchange for Physical definition

Exchange for Physical means a transaction in a derivative contract or other financial instrument contingent on the simultaneous execution of an equivalent quantity of an underlying physical asset;
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Exchange for Physical means a transaction whereby a position in the underlying is traded withan existing open futures contract position. The transaction may involve the JSE processing the actual delivery between the short and long position holder or alternatively facilitating the cash settlement at the current mark-to-market value;
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Exchange for Physical means a transaction where:
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Examples of Exchange for Physical in a sentence

  • The following types of EFRP transactions are permitted to be executed in accordance with the requirements of this rule and any other requirements established and published by the Exchange: Exchange for Physical Transaction (“An EFP”) - An exchange of futures for, or in connection with, a physical consisting of a cash commodity transaction and a futures transaction.

  • The following types of EFRP transactions are permitted to be executed in accordance with the requirements of this rule and any other requirements established and published by the Exchange: Exchange for Physical Transaction (“EFP”) - An exchange of futures for, or in connection with, a physical consisting of a cash commodity transaction and a futures transaction.

  • The following transactions shall be permitted by arrangement between parties in accordance with the requirements of this rule: Exchange for Physical ("EFP") - A privately negotiated and simultaneous exchange of an Exchange futures position for a corresponding cash position.

  • Research Involving Human Subjects Application for Approval Form The Research Involving Human Subjects Application for Approval Form can be downloaded from the ITRC web page.

  • Also referred to as Exchange for Physical (EFP).$AAustralian dollars.Buyer Executable Order (BEO)An order to buy futures contracts that arises under a physical raw sugar sales contract to be executed by the seller of physical raw sugar as and when instructed by the buyer for account of the seller (i.e. the seller assumes the liability for the futures contract).

  • An Exchange for Physical trade may involve more than one type of futures or physical.

  • The volumes sold and purchased by the Parties pursuant to Exchange for Physical (EFP) transactions are intended to be equal.

  • For more details on the functionality available to execute Negotiated Transactions in the SOLA trading system, please refer to paragraph 5.2. a.5) Exchange for Physicals (EFP) - not available on IDEMA pre-arranged Negotiated Transaction in the derivatives leg of an Exchange for Physical (as defined by MiFIR) can be inserted by setting the Price Type field equal to “P”.

  • See e.g., ISE Rules 716 (Block Trades), 717 (Limitations on Orders), and 723 (Price Improvement); CME Rule 539 (Prearranged, Pre-Negotiated and Noncompetive Trades Prohibited); CBOT Rule 539 (Prearranged, Pre-Negotiated and Noncompetive Trades Prohibited) and NYSE Liffe Rule 615 (Pre-Arranged Trades), 422 (Exchange for Physical) and 423 (Block Trading).

  • The Exchange may implement Exchange for Physical (hereinafter referred to as the “EFP”).


More Definitions of Exchange for Physical

Exchange for Physical. (EFP) means a transaction of the kind described in Rule [4800].
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Exchange for Physical. (EFP) means a transaction of the kind described in [Rule 4800] and does not include a Delivery Exchange for Physical transaction.
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Exchange for Physical means that the Parties have agreed to utilize the EFP procedures of a regulated exchange to exchange a futures position for a physical position of equal quantity. The performance obligation of ADP and EFP transactions are the same as the performance obligation of Firm (LD) transactions stated above; provided that, performance of ADP and EFP Transactions are also excused if the related regulated exchange excuses performance.
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Exchange for Physical or "EFP" means the purchase, sale or exchange of natural Gas as the "physical" side of an exchange for physical transaction involving gas future contracts. EFP shall incorporate the meaning and remedies of Priority Firm as defined herein.
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Related to Exchange for Physical

  • Physical abuse means any physical injury, mental injury, or threatened injury, inflicted by a person responsible for the child’s care other than by accidental means; or any physical or mental injury that cannot reasonably be explained by the child’s history of injuries or any aversive or deprivation procedures, or regulated interventions, that have not been authorized by Minn. Stat. § 125A.0942 or § 245.825.

  • Qualified physician means any physician who has not been excluded under the provisions of subpart I of this part. Except as otherwise provided by regulation, a qualified physician shall be deemed to be designated or ap- proved by OWCP.

  • Delivery into consignees store or to his site means delivered and unloaded in the specified store or depot or on the specified site in compliance with the conditions of the contract or order, the supplier bearing all risks and charges involved until the supplies are so delivered and a valid receipt is obtained.

  • Serious physical injury means physical injury which creates a substantial risk of death or which causes serious and prolonged disfigurement, prolonged impairment of health, or prolonged loss or impairment of the function of any bodily member or organ;

  • Physical therapist means an individual who is licensed by a state to practice physical therapy.

  • Mental illness (MI) means a substantial disorder of thinking, mood, perception, orientation or memory that grossly impairs judgment, behaviour, capacity to recognise reality or ability to meet the ordinary demands of life, but does not include retardation which is a condition of arrested or incomplete development of mind of a person, specially characterised by sub normality of intelligence