[...]Los operadores que han tomado alguna de estas posiciones en el mercado tienen dos maneras de liquidarla. La primera es la entrega o recibo de la mercancía. La mayoría de operadores escogen la segunda opción, que es cancelar la obligación de comprar o de vender llevando a cabo una operación inversa, llamada transacción compensatoria. Al comprar un contrato equivalente un comerciante de futuros en una posición corta quedará liberado de la obligación de entregar. De modo semejante, un comerciante que esté en posición larga puede compensar las compras pendientes vendiendo. [...]


limit order. An order to a broker to buy a specified quantity of a security at or below a specified price, or to sell it at or above a specified price (called the limit price). This ensures that a person will never pay more for the stock than whatever price is set as his/her limit. This is one of the two most common types of orders, the other being a market order. opposite of no limit order.

limit price. The price specified in a limit order.

trailing. In the case of time periods, the most recently completed time period. For example, trailing twelve months would be the twelve-month period which ended on the final day of last month.
trailing fee. A fee paid to a finance professional by a mutual fund manager for selling shares of a mutual fund to an investor. Also called a trailer commission, the trailer fee serves as an incentive to sell shares and in some cases to provide continuing financial services and consultation.

offset. Elimination or reduction of a current long or short position by making an opposite transaction of the same security. Also called close out or even up.

trigger. An event, such as reaching a specified price target, that means an investor will make a specific trade.