Futures Terms and Definitions

Browse by Subject


actual market
actuals
adjusted futures price
aggregation
aluminum
amortized value
arbitrage-free valuation
ask
asked price
asking price
associated person
Australian Future Fund
automated pit trading
back month contract
back months
backpricing
backwardation
backwardation business
basis
basis quote
basis trading
basket
bear spread
below par
best ask
best bid
bid
bid/ask spread
blue month
BOBL futures contract
bond futures
bookout
Bourse De Montreal, Inc. (MX)
BUGS Index (HUI)
bulge
buy
buyer's call
buying basis
buying hedge
car
carry-over charge
carrying charge
carrying charge market
cash and carry trade
cash commodity
cash forward contract
cash market
cash price
cash settlement
CBOE Futures Exchange (CFE)
CBOT
certificated stock
CFTC
chart
chasing the market
cheapest to deliver
Chicago Board of Trade
Chicago Mercantile Exchange
class
CME
Coffee, Sugar, And Cocoa Exchange (CSCE)
COMEX
commercial hedger
Commitments of Traders (COT)
Committee on Uniform Securities Identification Procedures
Commodities
commodities exchange
Commodities Exchange Act
Commodities Exchange Center
Commodities Exchange Inc. (COMEX)
Commodities Futures Exchange
commoditize
commodity
commodity channel index
commodity contract
commodity ETF
Commodity Exchange
commodity futures
Commodity Futures Modernization Act of 2000
Commodity Futures Trading Commission
commodity indices
commodity money
commodity option
commodity paper
commodity pool
commodity pool operator
commodity prices
Commodity Research Bureau
Commodity Research Bureau Index (CRB)
commodity trading
Commodity Trading Advisor
commodity-backed bond
commodity-product spread
contango
contract for differences (CFD)
contract grades
contract market
contract month
contract unit
controlled commodities
convenience yield
convergence
copper
corn/hog ratio
corner
cost basis
cost of tender
cost-of-carry market
covered interest rate arbitrage
crack spread
crop year
cross-hedging
crude
crush spread
CTA
currency futures option
current delivery
CUSIP
CUSIP number
customer margin
customer type indicator codes (CTIC)
daily price limit
daily trading limit
Dalian Commodities Exchange (DCE)
deferred month
deliverable grades
delivery instrument
delivery month
delivery point
delivery price
delta
delta cross hedge
delta neutral
denomination
derivative
derivative market
derivative pricing models
derivative security
derivatives transaction execution facility (DTEF)
digested security
discounted
Dojima Rice Exchange
downgrade
drawn securities
dry bulk commodity
dual listing
Dusseldorf Stock Exchange (DUS)
e-mini
energy derivative
energy derivatives
EUREX
Eurex US
Euroequity issues
European Options Exchange (EOE)
ex-pit transaction
exchange
exchange against actuals
exchange for futures
exchange for physical
exchange of spot
exchange versus cash
exchange-traded derivative
excluded commodity
exempt security
expectations theory
external market
face value
fair price
far month
Farm Price Index (FPI)
fast tape
feed ratio
financial futures
financial instrument
fine paper
first board
first notice day
five against note spread (FAN)
fixation
fixed forward contract
floating exchange currency
fluctuation limit
foreign currency futures and options
foreign exchange market
forex futures
forward
forward contract
forward cover
forward cover taking
forward foreign exchange
forward forward
forward points
forward price
forward spread
free-crowd system
freight derivatives
full carrying charge
fully disclosed account
fungible
furthest month
FUTOP
futures
futures brokers
futures bundle
futures commission merchant
futures contract
futures equivalent
futures exchange
Futures Industry Association
futures markets
futures option
futures pack
futures price
futures spread
futures strip
futures trading
gamble
gamma
gas
gas at the pump futures
gasoline
geographic risk
gold
gold bull
gold fixing
goldbug
good delivery
grade
grading certificate
graduated security
hard commodity
heavy crude oil
hedge ratio
hedge to arrive contract
hedgie
Hong Kong Exchanges and Clearing Limited (HKEx)
IDEM
IMF Primary Commodity Prices Index
implied repo rate
Index and Option Market
index futures
inspection
intercommodity spread
Intercontinental Exchange (ICE)
interdelivery spread
interest rate futures
intermarket spread
intermediate goods
international clearing system
International Commodities Clearing House
International Petroleum Exchange (IPE)
intracommodity spread
intraday limit
intrinsic value

inverted market
investment security
invisible supply
Irish Futures and Options Exchange (IFOX)
ISIN
issuer
Italian Derivatives Market (IDEM)
Kansas City Board of Trade (KCBT)
knock-out option
large trader
last trading day
Latin baseball futures
law of one price
letter security
life of contract
LIFFE
light crude oil
limit down
limit move
limit up
limited discretion
listed
listing
local
lock-limit
locked limit down
locked limit up
London Commodity Exchange (LCE)
London International Financial Futures and Options Exchange
London Metal Exchange
London spot fix
long hedge
long position
long the basis
low exercise price option (LEPO)
Malaysia Commodity Exchange (MCE)
Malaysia Derivatives Exchange (MDEX)
managed futures
managed futures account
market basket
marketability
marketable security
Matif SA
Meff Renta Variable
Merc
Mercato Italiano Futures (IMF)
minimum price contract
minimum price movement
Minneapolis Grain Exchange (MGEX)
mixed straddle
Montreal Exchange (MX)
most distant futures contract
most distant month
must be filled (MBF)
narrow basis
narrow-based index (NBI)
National Commodities and Derivatives Exchange (NCDEX)
National Futures Association
natural gas
natural gas liquids (NGL)
nearby delivery month
nearby month
nearest month
negotiable security
New York Futures Exchange
New York Mercantile Exchange (NYMEX)
New York Stock Exchange
next futures contract
next month
NFA
NFA Compliance Rule 2-43b
non-equity option
normal market
not rated
notice day
notice period
notional value
NYFE
NYSE
offer
offering circular
offering price
omnibus account
open interest
open outcry
options on physicals
OTC Bulletin Board
OTCBB
out-of-favor
outcry
outright futures position
outstanding
over the counter derivative
Over-the-Counter
Palladium
par
parity price
petroleum
Philadelphia Board of Trade (PBOT)
physical commodity
physical market
physicals
pit
pit broker
Platinum
political futures
position day
position trader
price basing
price limit
primary instrument
prospectus
purchase
purchase and sale agreement
quality option
quotation
quote
range
rating
rating service
redeem
registered security
regular-way delivery
regulated commodities
reportable positions
reporting level
restricted security
retender
retire
reverse calendar spread
reversing trade
risk
risk disclosure document
roll yield
round turn
S&P 500 mini
SEC
SEC filing
securities
Securities and Exchange Commission
security
sell
selling hedge
sensitivity
serial option
Series 3
settlement price
short hedge
short the basis
short-seller
single stock futures
soft commodity
softs
sold-out market
sour crude oil
South African Futures Exchange (SAFEX)
speculation
speculative
speculative position limits
speculator
split close
split rating
spot
spot commodity
spot market
spot month
spot price
spot trading
stable
stamped security
stock replacement strategy
street book
strong basis
structured note
subscription warrant
sugar no.11
swap spread
sweet crude oil
Swiss Options and Financial Futures Exchange
synthetic futures contract
take delivery
tar sands
tax straddle
tender
terminal market
The Clearing Corporation
timing option
Tokyo Commodity Exchange
Tokyo Financial Exchange (TFX)
Tokyo Grain Exchange (TGE)
trade
trade house
trading
trading range
trend day
triple witching hour
uncertainty
underlier
underlying
underlying futures contract
underlying security
undervalued
unit
unlimited risk
unlisted
upgrade
upside
value
value spot
variable limit
variable price limit
Vasicek interest rate model
wallpaper
warehouse receipt
warehouse report
watch list
West Texas intermediate
witching hour
worth
worthless
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z