Actuals - How To Discuss
David Craig
Updated on June 10, 2026
Actuals,
Definition of Actuals:
Physical commodity (such as gold, oil, soybeans) and financial instruments (such as bonds, certificates of deposit, notes). Although trading in actuals is completed by the actual (physical) delivery to the buyer, most futures and option contracts are canceled out (traded out) before the expiration date without a delivery having taken place. Also called cash commodity or physicals.
Actuals are simply the goods that are being traded in the contracts. In the futures market, two parties enter into an exchange-traded contract in which one party agrees to deliver a set quantity and quality of the underlying commodity while the other party agrees to purchase the commodity. The physical delivery of the actuals can be avoided through cash settlement and the parties in the contract can sell their positions before.
Actuals refers to the homogeneous commodities that are the basis for a futures trade. Actuals can be any commodity, but some commonly traded ones include crude oil, heating oil, RBOB gasoline, natural gas, sugar no. 11, gold, copper, silver, platinum, wheat, corn and soy. The actuals making up the most liquid contracts see seasonal shifts base on their real world production schedules, particularly with agricultural products. Actuals are often referred to as the cash commodity, the underlying, the reference commodity and sometimes even the underlying reference commodity.
Meaning of Actuals & Actuals Definition
Actuals,
How To Define Actuals?
Actual expenses, sales, etc. What happened is unpredictable.