Definition of Switch:
Mechanical or electronic device that completes (closes) or breaks (opens) an electrical path (circuit) to route power or data stream from one point to another. See also valve.
Traders use a switch when they wish to maintain their current positions and exposure in contracts that are nearing expiration. The investor could remain bullish or bearish on that particular market beyond the expiration date of their holdings. Or, they may wish to extend settlement to avoid costs of delivery, fees, and other expenses.
A switch, also known as "rolling forward," is a futures trading strategy involving closing a near month contract and opening a later month contract with the proceeds. Switching is not the same as spread trading. In a switch, the trader only owns one position at a time. In a spread, the trader is simultaneously both long one contract and short a different but related contract.
Synonyms of Switch
About-face, Accommodation, Action, Adaptation, Adjustment, Agency, Alchemy, Alteration, Alternate, Amelioration, Anagnorisis, Angle, Apostacize, Apostasy, Apostatize, Appendage, Architectonics, Architecture, Argument, Arm, Assign, Assimilate to, Assimilation, Assumption, Astonishment, Atmosphere, Avert, Background, Backscratching, Bandy, Barter, Baste, Bastinado, Be quits with, Bear off, Beat, Become, Becoming, Belabor, Belt, Betterment, Bine, Birch, Blockbuster, Blow, Bolt, Bomb, Bombshell, Bough, Branch, Branchedness, Branchiness, Break, Break away, Bring to, Buffet, Burgeon, Buy and sell, Cane, Carry over, Catastrophe, Catch, Change, Change for, Change into, Change of heart, Change over, Change sides, Change-over, Changeableness, Characterization, Chignon, Club, Color, Communicate, Commutation, Commute, Compensate, Complication, Compound for, Consign, Constructive change, Continuity, Contrivance, Conversion, Convert, Cooperate, Counterchange, Cowhide, Cudgel, Cut, Deadwood, Deal, Defect, Defection, Deflection, Degeneration, Degenerative change, Delegation, Deliver, Denouement, Deport, Deputation, Deputyship, Desert, Design, Deterioration, Development, Deviate, Deviation, Device, Difference, Diffuse, Direct, Discontinuity, Displacement, Disseminate, Divergence, Diversification, Diversion, Diversity, Divert, Do business, Do over, Draw aside, Drub, Dub in, Earthshaker, Ease off, Edge off, Episode, Even trade, Exchange, Expel, Export, Extradite, Eye-opener, Fable, Fall, Fall away, Fall off, Falling action, False hair, Ferule, Fitting, Flagellate, Flagellum, Flail, Flip-flop, Flog, Fly off, Fork, Frond, Fustigate, Gee, Get back at, Get even with, Gimmick, Give a whipping, Give and take, Give in exchange, Give place to, Give the stick, Glance, Glance off, Go off, Go over, Gradual change, Growth, Hand, Hand forward, Hand on, Hand over, Haw, Head off, Horse-trade, Horsewhip, Imp, Impart, Import, Improvement, Incident, Interchange, Jib, Joint, Joker, Kicker, Knout, Lace, Lapse, Lash, Lay on, Leg, Limb, Line, Link, Lobe, Lobule, Local color, Logroll, Logrolling, Make, Make do with, Make over, Make way for, Melioration, Member, Metastasize, Metathesize, Mitigation, Modification, Modulation, Mood, Motif, Move aside, Movement, Mythos, Naturalization, Naturalize, Offer in exchange, Offshoot, Organ, Overthrow, Paddle, Pandybat, Pass, Pass on, Pass over, Pass the buck, Passage, Pay back, Perfuse, Peripeteia, Permute, Pinion, Pistol-whip, Plan, Plot, Pommel, Pork barrel, Power of attorney, Progress, Pummel, Put up with, Qualification, Quid pro quo, Radical change, Ramage, Ramification, Rat, Rattan, Rawhide, Re-creation, Re-formation, Realignment, Reciprocate, Recognition, Reconversion, Reconvert, Redeem, Redesign, Redirect, Reduce to, Reduction, Reform, Reformation, Relay, Remaking, Render, Renewal, Replacement, Representation, Requite, Reshaping, Resolution, Resolve into, Respond, Restructuring, Retaliate, Return, Return the compliment, Revelation, Reversal, Reverse, Revival, Revivification, Revolution, Ring in, Rising action, Rod, Ruler, Runner, Sarment, Scheme, Scion, Scourge, Secede, Secondary plot, Sheer off, Shift, Shocker, Shoot, Shove aside, Shunt, Shy, Shy off, Side, Sidestep, Sidetrack, Sidle, Slant, Slip, Smite, Spank, Spear, Spray, Spread, Sprig, Sprit, Sprout, Spur, Staggerer, Startler, Steer clear of, Step aside, Stick, Stolon, Story, Strap, Strike, Stripe, Structure, Subject, Subplot, Subrogation, Substitute, Substitution, Sucker, Sudden change, Supersedence, Superseding, Supersedure, Supersession, Supplantation, Supplanting, Supplantment, Surprisal, Surprise, Surprise ending, Surprise package, Surprise party, Swap, Swap horses, Swapping, Swinge, Switch over, Switch-over, Tail, Take in exchange, Tendril, Thallus, Thematic development, Theme, Thrash, Thump, Thunderbolt, Thunderclap, Tit for tat, Tone, Topic, Total change, Trade, Trade in, Trade off, Trade sight unseen, Trading, Traffic, Transfer, Transfer property, Transform, Transformation, Transfuse, Transit, Transition, Translate, Translocate, Transmit, Transplace, Transplant, Transpose, Trounce, Truck, Truncheon, Turn, Turn aside, Turn away, Turn back, Turn cloak, Turn into, Turn over, Turnabout, Turning into, Twig, Twist, Twitch, Upheaval, Variation, Variety, Veer off, Vicariousness, Violent change, Volte-face, Wag, Waggle, Wallop, Wave, Whale, Whip, Whop, Wing, Worsening
Meaning of Switch & Switch Definition