Series 3: 1.3.4.4.7. Exchange For Physicals (EFP)

Taken from our Series 3

1.3.4.4.7. Exchange for Physicals (EFP)

Sometimes the holders of a long and short position may participate in the futures market but wish to settle their positions off the exchange. An exchange for physicals (EFP) is a method of delivery on a futures contract in which the long and short agree to delivery terms different from those specified in the contract. It is a negotiated transaction in which the buyer of a commodi

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: 1.3.4.4.7. Exchange For Physicals (EFP), you might also be interested in:

Series 66 - Convertible Debentures

Series 53 - Exercise

Series 53 - Local Government Investment Pools

Series 82 - Filing Requirements and Review Procedures

Series 14 - 8.1.1.3. Form CRS

Series 63 - Chapter 3 Answers and Explanations

Series 82 - Three-Year Records

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

I passed the Series 7 with an 86 percent! Solomon's exam prep material is the best. I highly recommend the online study guide and exam simulator.

Kim, Las Vegas, Nevada

I never would have passed the 79 if not for Karen and Solomon Exam Prep. Thanks guys!

Bob Vinson, Houston, TX

I took the Series 82 just four weeks after passing the SIE. I followed the study plan, took tons of the great practice tests, got great advice from Karen, and everything worked out well. It was literally the perfect test prep experience. The materials themselves were not overly long as with other groups, it was the exactly right amount, and the Exam Simulator is just awesome, best one of its kind I've ever used. 100% rating. Thank you, Solomon!

Jonathan Roth, DAK Capital/DAK Group, Rochelle Park, NJ