Home > Terms > English, UK (UE) > Changer

Changer

A clearing member of both the Mid-America Commodity Exchange (MCE) and another futures exchange who, for a fee, will assume the opposite side of a transaction on the MCE by taking a spread position between the MCE and another futures exchange which trades an identical, but larger, contract. Through this service, the changer provides liquidity for the MCE and an economical mechanism for arbitrage between the two markets.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Entertainment Category: Movies

Crisis 108

A new movie from CSOFT International Studios. In the year 2045, humanity has reached peak oil and the value of fossil fuels has skyrocketed. ...

Contributor

Featured blossaries

Famous Inventors

Category: Science   2 6 Terms

Blogs

Category: Literature   1 76 Terms

Browers Terms By Category