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Commodity exchange
Industry: Financial services
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Commodity exchange
Time limit order
Financial services; Commodity exchange
A customer order that designates the time during which it can be executed.
Fill-or kill
Financial services; Commodity exchange
A customer order that is a price limit order that must be filled immediately or canceled.
National Futures Association (NFA)
Financial services; Commodity exchange
A self regulatory organisation composed of futures commission merchants, commodity pool operators, commodity trading advisors, introducing brokers, leverage transaction merchants, commodity ...
Consignment
Financial services; Commodity exchange
A shipment made by a producer or dealer to an agent elsewhere with the understanding that the commodities in question will be cared for or sold at the highest obtainable price. Title to the ...
Covered option
Financial services; Commodity exchange
A short call or put option position which is covered by the sale or purchase of the underlying futures contract or physical commodity. For example, in the case of options on futures contracts, a ...
Fixed income security
Financial services; Commodity exchange
A security whose nominal (or current dollar) yield is fixed or determined with certainty at the time of purchase.
Delivery month
Financial services; Commodity exchange
A specific month in which delivery may take place under the terms of a futures contract. Also referred to as contract month.