The exchange (chess) The exchange (chess) The exchange in chess refers to a situation in which one player loses a minor piece (i.e. a bishop or knight) but captures the opponent's rook. The side which wins the rook is said to have "won the exchange", while the other player has "lost the exchange", since the rook is usually more valuable. Alternatively, the side that has won the rook is "up the exchange", and the other player is "down the exchange". The opposing captures often happen on consecutive moves, although this is not strictly necessary. It is generally detrimental to lose the exchange, although
Capablanca Chess starting positions are protected by at least one piece. There are also variants of Capablanca Chess that do not use the standard 10×8 board. Grand Chess is a popular variant invented by Dutch game designer Christian Freeling in 1984. It uses Capablanca Chess pieces upon a larger, 10×10 board. In 2007 Grandmaster Yasser Seirawan devised a variant (called Seirawan chess), which adds the two pieces to the standard game in a different manner. The player, after moving a piece (for example, a bishop) from the first , may immediately place either of the two pieces on the bishop's square. If