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liquidating trade "liquidating trade" means a transaction by which, for the purpose of closing out a futures contract, the person in the long position or short position, under the futures contract assumes an offsetting short position or offsetting long position, as the case may be, under another futures contract;
ACT 499 - FUTURES INDUSTRY ACT 1993
2. Interpretation. |
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liquidating trade "liquidating trade" means a transaction by which, for the purpose of closing out a futures contract, the person in the long position or short position, under the futures contract assumes an offsetting short position or offsetting long position, as the case may be, under another futures contract;
ACT 499 - FUTURES INDUSTRY ACT 1993 [Repealed By Capital Market & Services Act 2007] [Act 671]
2. Interpretation. |