20 Terms
Home > Industry/Domain > Financial services > Commodity exchange
Commodity exchange
Industry: Financial services
Add a new termContributors in Commodity exchange
Commodity exchange
Allowances
Financial services; Commodity exchange
The discounts (premiums) allowed for grades or locations of a commodity lower (higher) than the par (or basis) grade or location specified in the futures contract. See Differentials.
Limit only
Financial services; Commodity exchange
The definite price stated by a customer to a broker restricting the execution of an order to buy for not more than, or to sell for not less than, the stated price.
Gross processing margin
Financial services; Commodity exchange
The difference between the cost of soybeans and the combined sales income of the processed soybean oil and meal.
Delta value
Financial services; Commodity exchange
The expected change in an option's price given a one-unit change in the price of the underlying futures contract or physical commodity.
Net position
Financial services; Commodity exchange
The difference between the open long contracts and the open short contracts held by a trader in any one commodity.
Suspension
Financial services; Commodity exchange
The end of the evening session for specific futures and options markets traded at the Chicago Board of Trade.
Exchange risk factor
Financial services; Commodity exchange
The delta value of an option as computed daily by the exchange on which it is traded.
