Commodity exchange

Commodity exchange

Industry: Financial services

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Contributors in Commodity exchange

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Commodity exchange

Floor broker (FB)

Financial services; Commodity exchange

An individual who executes orders for the purchase or sale of any commodity futures or options contract on any contract market for any other person.

Floor trader (FT)

Financial services; Commodity exchange

An individual who executes trades for the purchase or sale of any commodity futures or options contract on any contract market for such individual's own account.

The total number of futures or options contracts of a given commodity that have not yet been offset by an opposite futures or option transaction nor fulfilled by delivery of the commodity or option ...

Crop marketing year

Financial services; Commodity exchange

The time span from harvest to harvest for agricultural commodities. The crop marketing year varies slightly with each ag commodity, but it tends to begin at harvest and end before the next year's ...

Deliverable grades

Financial services; Commodity exchange

The standard grades of commodities or instruments listed in the rules of the exchanges that must be met when delivering cash commodities against futures contracts. Grades are often accompanied by a ...

Contract grades

Financial services; Commodity exchange

Delivery day

Financial services; Commodity exchange

The third day in the delivery process at the Chicago Board of Trade, when the buyer's clearing firm presents the delivery notice with a certified cheque for the amount due at the office of the ...