A transaction in which a futures contract for a physically deliverable commodity (eg. Frozen Pork Bellies) is traded by delivering the physical commodity.

This typically happens in futures markets where you hold a position beyond the First Notice Date. If you are simply speculating in such markets and don't have the physical commodity to deliver, you must ensure you roll your position to the next suitable delivery month BEFORE the first notice date otherwise penalites apply if you cannot deliver/receive.


Best regards,
Richard Dale.
Norgate Investor Services
- Premium quality Stock, Futures and Foreign Exchange Data for
 markets in Australia, Asia, Canada, Europe, UK & USA -
www.premiumdata.net




-------- Original Message  --------
Subject: [amibroker] For Mr. Richard Dale : Time & Sales vs Volume difference
From: sumangalam <[email protected]>
To: [email protected]
Date: thu, 16 jul 2009 09:08:46 -0000
Hello Mr. Richard Dale,

It will be nice, if you please guide what is "exchange for physical".

With Regards

Sanjiv Bansal


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