Retender

Retender
The act of an investor selling the delivery note issued by a clearing house upon tender by the counter-party of the futures contract.

In certain future contracts, the investor holding the short position may tender the underlying by giving notice to the clearing house for delivery. When this occurs, the holder of the long position receives a note of delivery indicating that he or she will be receiving the underlying good or cash. By retendering the delivery note, investors who are holding long positions can make sure that they do not get actual delivery of the actual underlying. Not all futures contracts require retendering as some are cash settled, and not all future contracts permit a retender.


Investment dictionary. . 2012.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • retender — The right of a futures contract holder, who has received a notice of intention to deliver from the clearinghouse, to offer the notice for sale on the open market, thus offsetting his obligation to take delivery under the contract. This… …   Financial and business terms

  • retender — verb To submit a second or subsequent tender …   Wiktionary

  • retender — …   Useful english dictionary

  • demand notice — A notice a firm submits via the Deliveries system requesting assignment of live cattle delivery. The CME clearing house fills these demands to the extent possible, given certificates tendered. If the CME clearing house assigns the demand to a… …   Financial and business terms

  • reclaim — An act carried out by a seller who has tendered a live cattle delivery certificate that the assigned buyer has retendered. A seller will do this to collect the retender fee. To reclaim, the original seller establishes a long position in the pit… …   Financial and business terms

  • Normas acerca de las municiones de racimo — Convención sobre Municiones en Racimo Estados firmantes Redacción Del 19 al 30 de mayo de 2008 Efectivo el …   Wikipedia Español

  • Вторичная поставка — вторичная или очередная поставка по биржевому контракту одной и той же партии товара в течение одного месяца поставки. По английски: Retender См. также: Поставки по фьючерсным контрактам Финансовый словарь Финам …   Финансовый словарь

  • Coulsdon Town railway station — Coulsdon Town The railway station in July 2011, after its reconstruction and renaming …   Wikipedia

  • Cremyll Ferry — The Cremyll Ferry The Cremyll ferry runs across the River Tamar from Admirals Hard in Stonehouse, Plymouth, Devon to Cremyll in Cornwall. It is presently operated by Tamar Cruising, and runs approximately every 30 minutes, with a 10 minute… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”