10 Terms
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Commodity exchange
Industry: Financial services
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Commodity exchange
Reaction
Financial services; Commodity exchange
The downward price movement tendency of a commodity after a price advance.
Settlement
Financial services; Commodity exchange
The act of fulfilling the delivery requirements of the futures contract.
Pegged price
Financial services; Commodity exchange
The price at which a commodity has been fixed by agreement.
Time-of-day order
Financial services; Commodity exchange
This is an order which is to be executed at a given minute in the session. For example, "Sell 10 March corn at 12:30 p.m."
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