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Commodity exchange
Industry: Financial services
Add a new termContributors in Commodity exchange
Commodity exchange
floor trader
Financial services; Commodity exchange
An exchange member who executes his own trades by being personally present in the pit for futures trading. See Local.
call rule
Financial services; Commodity exchange
An exchange regulation under which an official bid price for a cash commodity is competitively established at the close of each day's trading. It holds until the next opening of the exchange.
offer
Financial services; Commodity exchange
An expression indicating one's desire to sell a commodity at a given price; opposite of bid.
International Commodities Clearinghouse (ICCH)
Financial services; Commodity exchange
An independent organization that serves as a clearinghouse for most futures markets in London, Bermuda, Singapore, Australia, and New Zealand.
hedger
Financial services; Commodity exchange
An individual or company owning or planning to own a cash commodity–corn, soybeans, wheat, U.S. Treasury bonds, notes, bills etc.– and concerned that the cost of the commodity may change before ...
brokerage house
Financial services; Commodity exchange
An individual or organization that solicits or accepts orders to buy or sell futures contracts or options on futures and accepts money or other assets from customers to support such orders. Also ...
futures commission merchant (FCM)
Financial services; Commodity exchange
An individual or organization that solicits or accepts orders to buy or sell futures contracts or options on futures and accepts money or other assets from customers to support such orders. Also ...