Meaning switch trading
What does switch trading mean? Here you find 3 meanings of the word switch trading. You can also add a definition of switch trading yourself
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switch tradingA form of countertrade in which a buyer in one country of exports from a second pays for it with an obligation due from a third party.
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switch tradingA mechanism that can be applied to barter or countertrade. A professional switch trader, switch trading house, or bank steps into a simple barter arrangement, clearing arrangement, or countertrade arrangement when one of the parties is not willing to accept all the goods or the clearing credits in a transaction. The switching mechanism provides a s [..]
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switch tradingThis is when a third party buys the imbalance that has arisen on a bilateral clearing account in hard currency but at a discounted rate.
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