18 Terms
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Commodity exchange
Industry: Financial services
Add a new termContributors in Commodity exchange
Commodity exchange
Federal Energy Regulatory Commission (FERC)
Financial services; Commodity exchange
An independent agency of the U.S. Government that regulates the interstate transmission of natural gas, oil, and electricity. FERC also regulates natural gas and hydropower projects.
exchange of options for options (EOO)
Financial services; Commodity exchange
A privately negotiated and simultaneous exchange of a position in an exchange-traded option on a futures contract for a corresponding OTC option position in the same or a related instrument.
dutch auction
Financial services; Commodity exchange
An auction of a debt instrument (such as a Treasury note) in which all successful bidders receive the same yield (the lowest yield that results in the sale of the entire amount to be issued).
E-local
Financial services; Commodity exchange
A person with trading privileges at an exchange with an electronic trading facility who trades electronically (rather than in a pit or ring) for his or her own account, often at a trading arcade.
carry trade
Financial services; Commodity exchange
A trade where one borrows a currency or commoidity commodity or currency with a low cost of carry and lends a similar instrument with a high cost of carry in order to profit from the differential.
invoice price
Financial services; Commodity exchange
The price fixed by the clearing organization at which deliveries on futures are invoiced—generally the price at which the futures contract is settled when deliveries are made.
knock-in
Financial services; Commodity exchange
A provision in an option or other derivative contract, whereby the contract is activated only if the price of the underlying instrument reaches a specified level before a specified expiration date.
