20 Terms
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Commodity exchange
Industry: Financial services
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Commodity exchange
binary option
Financial services; Commodity exchange
Futures delivery months other than the spot or front month.
leaps
Financial services; Commodity exchange
Long-dated, exchange-traded options. Stands for 'Long-term Equity Anticipation Securities.'
delivery, nearby
Financial services; Commodity exchange
The nearest traded month, the front month. In plural form, one of the nearer trading months.
bust
Financial services; Commodity exchange
An executed trade cancelled by an exchange that is considered to have been executed in error.
cost, insurance, and freight (CIF)
Financial services; Commodity exchange
Cost, insurance, and freight paid to a point of destination and included in the price quoted.
reference asset
Financial services; Commodity exchange
An asset, such as a corporate or sovereign debt instrument, that underlies a credit derivative.
broad-based security index
Financial services; Commodity exchange
Any index of securities that does not meet the legal definition of narrow-based security index.
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