Meaning ALTERNATIVE DELIVERY PROCEDURE
What does ALTERNATIVE DELIVERY PROCEDURE mean? Here you find 2 meanings of the word ALTERNATIVE DELIVERY PROCEDURE. You can also add a definition of ALTERNATIVE DELIVERY PROCEDURE yourself
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ALTERNATIVE DELIVERY PROCEDUREA provision of a futures contract that allows buyers and sellers to make and take delivery under terms or conditions that differ from those prescribed in the contract. An ADP may occur at any time during the delivery period, once long and short futures positions have been matched for the purpose of delivery.
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ALTERNATIVE DELIVERY PROCEDUREA futures contract provision in which buyers and sellers make and take delivery under terms and conditions which differ from those imposed in the futures contract.
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