20 Terms
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Commodity exchange
Industry: Financial services
Add a new termContributors in Commodity exchange
Commodity exchange
Delivery points
Financial services; Commodity exchange
The locations and facilities designated by a futures exchange where stocks of a commodity may be delivered in fulfilment of a futures contract, under procedures established by the exchange.
Deposit
Financial services; Commodity exchange
The initial outlay required by a broker of a client to open a futures position, returnable upon liquidation of that position.
Low
Financial services; Commodity exchange
The lowest price of the day, week, or month for a particular futures contract.
Sell on close
Financial services; Commodity exchange
To sell at the end of the trading session within the closing price range.
Broker association
Financial services; Commodity exchange
Two or more exchange members who (1) share responsibility for executing customer orders; (2) have access to each other's unfilled customer orders as a result of common employment or other types of ...
Cash settlement
Financial services; Commodity exchange
Transactions generally involving index-based futures contracts that are settled in cash based on the actual value of the index on the last trading day, in contrast to those that specify the delivery ...
Curb trading
Financial services; Commodity exchange
Trading by telephone or by other means that takes place after the official market has closed. Originally it took place in the street on the curb outside the market. Under CFTC rules, curb trading is ...
