期货转换现货交易的中文解释

指以现货商品交换同量的期货合约，通常是由两个持有相反避险仓位的交易商进行交换，如持有多仓的交易商出于避险的考虑，选择取得现货，而不是在期货市场将头寸结清。英文亦称为exchange for cash或exchange against actuals。

Exchange for Physical的英文解释

This occurs where the buyer of a cash commodity transfers to the seller an equivalentamount of long-futures contracts, or receives from him a correspondingamount of short futures at an agreed price. Also termed exchange for cash, and against actuals.

• amount [ə´maunt]   n.总数；数量 v.合计   (初中英语单词)
• commodity [kə´mɔditi]   n.日用品；商品   (高中英语单词)
• seller [´selə]   n.销售者；行销货   (高中英语单词)
• equivalent [i´kwivələnt]   a.相等的 n.同等物   (高中英语单词)
• corresponding [,kɔri´spɔndiŋ]   a.符合的；相当的   (英语四级单词)