Is this a typo?

"If a swap is cashed settled, then the commodity is valued at the current

spot price. If the current value of the commodity is larger than the value of

the cash payment, then the buyer pays the swap counterparty the difference

and then buys the commodity at the spot price. Reciprocally, if the current

value of the commodity is smaller than the value of the cash payment,

the counterparty pays this difference to the buyer and the buyer buys the

commodity."



BTW, this is an excerpt from the free FM manual by Marcel B. Finan

Is this a typo?