ICE Futures Canada issued a guidance on exchange for related position transactions that reminded traders that they are not permitted to engage in an EFRP and then engage in a subsequent EFRP to adjust or correct the related position component. As an example, the exchange notes that a physical grain transaction might have a 10 percent loading tolerance for which the full tonnage is priced through an exchange for physical transaction. If less than full tonnage is loaded, the parties cannot conduct a reverse EFP to account for the lower tonnage. Instead, the counterparties “must either trade these positions competitively in the open market, cash-settle the difference between themselves, or otherwise resolve the under-shipment outside of the EFP structure.”