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Commodity exchange
Industry: Financial services
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Commodity exchange
Bid
Financial services; Commodity exchange
An offer to buy a specific quantity of a commodity at a given price, opposite of offer.
Nominal price
Financial services; Commodity exchange
Computed price quotation on futures for a period in which no actual trading took place, usually an average of bid and asked prices.
Carrying charges
Financial services; Commodity exchange
Cost of storing a physical commodity or holding a financial instrument over a period of time. Includes insurance, storage, and interest on the invested funds as well as other incidental costs. It is ...
Mark-to-market
Financial services; Commodity exchange
Daily cash flow system used by U.S. futures exchanges to maintain a minimum level of margin equity for a given futures or option contract position by calculating the gain or loss in each contract ...
Initial margin
Financial services; Commodity exchange
Customers' funds put up as security for a guarantee of contract fulfilment at the time a futures market position is established. See Original Margin.
Nominal quotation
Financial services; Commodity exchange
Computed price quotation on futures for a period in which no actual trading took place, usually an average of bid and asked prices.
Cost, insurance and freight (CIF)
Financial services; Commodity exchange
Cost, insurance and freight paid to a point of destination and included in the price quoted.