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 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Financial services
Category: Commodity exchange
Company:
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

changer

Financial services; Commodity exchange

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 ...

changer

Engineering; Electronic engineering

In a high-fidelity disk player, a device that allows several disks to be played, one after the other, without the need for manually exchanging the disks.

changer

Language; Dictionaries

One who changes or alters the form of anything.

CD changer

Automotive; Automobile

A device which is connected to a stereo system and allows several music CDs to be played.

mold changer

Manufacturing; Plastic injection molding

An automated device for removing one mold from a machine and replacing it with another mold.

frequency changer

Engineering; Electronic engineering

1. A superheterodyne converter (see converter). 2. A motor-generator in which the output voltage has the same value as the input voltage, but is of a different frequency. 3. See ...

margin

Financial services; Commodity exchange

Financial safeguards to ensure that clearing members (usually companies or corporations) perform on their customers' open futures and options contracts. Clearing margins are ...

back pricing

Financial services; Commodity exchange

Fixing the price of a commodity for which the commitment to purchase has been made in advance. The buyer can fix the price relative to any monthly or periodic delivery using the ...

cost of carry

Financial services; Commodity exchange

For physical commodities such as grains and metals, the cost of storage space, insurance, and finance charges incurred by holding a physical commodity. In interest rate futures ...

carry

Financial services; Commodity exchange

For physical commodities such as grains and metals, the cost of storage space, insurance, and finance charges incurred by holding a physical commodity. In interest rate futures ...

carrying charge

Financial services; Commodity exchange

For physical commodities such as grains and metals, the cost of storage space, insurance, and finance charges incurred by holding a physical commodity. In interest rate futures ...

foreign exchange

Financial services; Commodity exchange

Foreign Currency. On the foreign exchange market, foreign currency is bought and sold for immediate or future delivery.

Terms in the News

Featured Terms

Harry8L

0
Terms
0
Blossaries
1
Followers

Industry/Domain: Sports Category: Track and field

The Mobot

The Mobot is a celebratory hands-to-head 'M' gesture which was first used by the British Olympic track and field athlete Mo Farah during the London ...