CASH AND NEW

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On a stock exchange, this is a method of postponing payment on a bargain until the next settlement day, the investor begins with a bargain for which he or she would like to postpone payment, towards the end of the account, a deal is made that is opposite to the first, meaning, the investor either buys or sells a similar instrument, the original position is then restored by yet another purchase, to be settled on the next settlement day, in effect, the investor negates the original position and then returns to it in the next account.

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