15:30 Feb 8, 2023 |
Polish to English translations [PRO] Law/Patents - Finance (general) / https://sip.lex.pl/orzeczenia-i-pisma-urzedowe/pisma-urzedowe/0114-kdip4-3-4012-532-2021-2-rk-pismo-wydane-przez-185182693 | |||||||
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Summary of answers provided | ||||
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2 | mock hedging |
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1 | against actual |
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Discussion entries: 2 | |
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against actual Explanation: Jak wskazano powyżej, co prawda instrumentem bazowym dla ustalenia wzajemnych rozliczeń Stron jest towar w postaci energii elektrycznej, niemniej w ramach umowy między stronami dochodzi wyłącznie do rozliczenia finansowego (tzw. swap nierzeczywisty). Strony nie realizują względem siebie dostawy towarów (energii elektrycznej), co potwierdza wyraźnie np. TIC, gdzie wyraźnie wskazano, że przedmiot Umów nie obejmuje fizycznej dostawy energii między Stronami. - https://sip.lex.pl/orzeczenia-i-pisma-urzedowe/pisma-urzedow... -- What Is an Against Actual Transaction? The term “against actual” refers to a type of transaction regularly carried out in the commodities futures markets. In an against actual transaction, holders of opposing futures contracts for the same commodity agree to settle their respective contracts by exchanging them with one-another along with a payment based on the excess value of one contract over the other. This transaction allows both parties to close out their positions without needing to either make or receive physical delivery of the underlying commodity. - https://www.investopedia.com/terms/a/againstactual.asp |
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mock hedging Explanation: znalazłem taki termin |
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