Commodity exchange

Commodity exchange

Industry: Financial services

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Contributors in Commodity exchange

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Commodity exchange

option seller

Financial services; Commodity exchange

The person who sells an option in return for a premium and is obligated to perform when the holder exercises his right under the option contract. Also referred to as the writer.

option writer

Financial services; Commodity exchange

The person who sells an option in return for a premium and is obligated to perform when the holder exercises his right under the option contract.Also referred to as the Option Seller.

actuals

Financial services; Commodity exchange

The physical or cash commodity, as distinguished from a commodity futures contract. Also see Cash and Spot Commodity.

support

Financial services; Commodity exchange

The place on a chart where the buying of futures contracts is sufficient to halt a price decline.

blackboard trading

Financial services; Commodity exchange

The practice of selling commodities from a blackboard on a wall of a commodity exchange.

opening price

Financial services; Commodity exchange

The price (or price range) recorded during the period designated by the exchange as the official opening.

closing price (or range)

Financial services; Commodity exchange

The price (or price range) recorded during trading that takes place in the final moments of a day's activity that is officially designated as the "close."