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Commodity exchange
Industry: Financial services
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Commodity exchange
Deferred delivery month
Financial services; Commodity exchange
The more distant month(s) in which futures trading is taking place, as distinguished from the nearby (delivery) month.
The opening
Financial services; Commodity exchange
The period at the beginning of the trading session officially designated by the exchange during which all transactions are considered made "at the opening."
Gold/silver ratio
Financial services; Commodity exchange
The number of ounces of silver required to buy one ounce of gold at current spot prices.
Nearby delivery
Financial services; Commodity exchange
The nearest traded month. In plural form, one of the nearer trading months.
Deck
Financial services; Commodity exchange
The orders for purchase or sale of futures and option contracts held by a floor broker.
Nearbys
Financial services; Commodity exchange
The nearest delivery months of a commodity futures market.
Cheapest-to-deliver
Financial services; Commodity exchange
Usually refers to the selection of bonds deliverable against an expiring bond futures contract.
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