exchange of futures for swaps (EFS)

Definition of "exchange of futures for swaps (EFS)"
  1. A privately negotiated deal that swaps a position in a physical delivery futures contract for a cash-settled swap position in the same or a related commodity under the rules of a futures exchange
How to use "exchange of futures for swaps (EFS)" in a sentence
  1. The mining company engaged in an exchange of futures for swaps (EFS) to mitigate the risk of price volatility.
  2. The exchange of futures for swaps (EFS) allowed the energy corporation to better manage its inventory.
  3. The financial advisor suggested an exchange of futures for swaps (EFS) as a hedge against potential price changes.

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