Security Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. If you are suitable for EFPs, your investment manager will either sell stock and buy it back for future delivery by buying a Single Stock Future (SSF), or they will buy the stock and sell the SSF. EFPs provide a cheap and efficient financing vehicle similar to Repos and Reverse Repos. SSFs have an interest rate built into their price that is determined competitively by numerous market participants, and your financial adviser may use them in order to swap a long or short stock position for a Single Stock Future (SSF), combining the two legs into one EFP transaction. Your adviser will talk to you about EFPs if your account(s) are suitable for these types of investments.
Exchange for Physical (EFP)
Asset Allocation ▸
Our wealth and portfolio managers seek to create value through long-term strategic benchmark asset allocations and security selection.