Commodity exchange

Commodity exchange

Industry: Financial services

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Contributors in Commodity exchange

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Commodity exchange

Buyer's market

Financial services; Commodity exchange

A condition of the market in which there is an abundance of goods available and hence buyers can afford to be selective and may be able to buy at less than the price that previously prevailed. See ...

Commodity Exchange Commission

Financial services; Commodity exchange

A commission consisting of the Secretary of Agriculture, Secretary of Commerce, and the Attorney General, responsible for administering the Commodity Exchange Act prior to 1975.

Option

Financial services; Commodity exchange

A contract that conveys the right, but not the obligation, to buy or sell a particular item at a certain price for a limited time. Only the seller of the option is obligated to perform.

Bar chart

Financial services; Commodity exchange

A chart that graphs the high, low, and settlement prices for a specific trading session over a given period of time.

Local

Financial services; Commodity exchange

A member of a U.S. exchange who trades for his own account and/or fills orders for customers and whose activities provide market liquidity. See Floor Trader.

Futures Industry Association (FIA)

Financial services; Commodity exchange

A membership organisation for futures commission merchants (FCMs) which, among other activities, offers education courses on the futures markets, disburses information and lobbies on behalf of its ...

Clearing member

Financial services; Commodity exchange

A member of an exchange clearinghouse. Memberships in clearing organisations are usually held by companies. Clearing members are responsible for the financial commitments of customers that clear ...