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English to Russian translations [PRO] Bus/Financial / banking
English term or phrase:effective delivery
Settlement of deliverable futures contracts and forward translactions in foreign currency
If you wish to excercise an option or to settle a futures contract through *effective delivery* or to have a futures contract so settled, ....
In the case of futures contracts to be *settled through delivery*, we shall await your instructions as to whether we are to make or take *effective delivery*.
... we shall endeavour to close out the futures contract without undue delay in order to avoid *settlement through delivery*.