Exchange of Derivatives for Related Positions (EDRP)

What is Exchange of Derivatives for Related Positions (EDRP)?

Exchange of Derivatives for Related Positions (EDRP) meaning A general term for privately negotiated trades exchanging a futures position for a related physical or swap position that are transacted off exchange but reported to the designated contract market and submitted to the DCM’s Derivatives Clearing Organization for clearing. Types of EDRP include exchange of futures for physicals(EFP), exchange of futures for swaps (EFS) and exchange of options for options(EOO).

 

reference: U.S. COMMODITY FUTURES TRADING COMMISSION – CFTC Glossary