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Commodity exchange

Contributors in Commodity exchange

Commodity exchange

Job lot

Financial services; Commodity exchange

A form of contract having a smaller unit of trading than is featured in a regular contract.

Out-of-the-money

Financial services; Commodity exchange

A term used to describe an option that has no intrinsic value. For example, a call at $400 on gold trading at $390 is out-of-the-money 10 dollars.

Board broker system

Financial services; Commodity exchange

A system of trading in which an individual member of an exchange (or a nominee of the member) is designated as a Board Broker for a particular commodity with the responsibility of executing orders ...

Futures-equivalent

Financial services; Commodity exchange

A term frequently used with reference to speculative position limits for options on futures contracts. The futures-equivalent of an option position is the number of options multiplied by the previous ...

Free crowd system

Financial services; Commodity exchange

A system of trading, common to most U.S. commodity exchanges, where all floor members may bid and offer simultaneously either for their own accounts or for the accounts of customers, and transactions ...

Butterfly spread

Financial services; Commodity exchange

A three-legged spread in futures or options. In the option spread, the options have the same expiration date but differ in strike prices. For example, a butterfly spread in soybean call options might ...

Overbought

Financial services; Commodity exchange

A technical opinion that the market price has risen too steeply and too fast in relation to underlying fundamental factors. Rank and file traders who were bullish and long have turned bearish.

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