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Commodity exchange
Industry: Financial services
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Commodity exchange
class of options
Financial services; Commodity exchange
Options of the same type (i.e., either puts or calls, but not both) covering the same underlying futures contract or physical commodity (e.g., a March call with a strike price of 62 and a May call ...
expiration date
Financial services; Commodity exchange
Options on futures generally expire on a specific date during the month preceding the futures contract delivery month. For example, an option on a March futures contract expires in February but is ...
good 'til canceled order (GTC)
Financial services; Commodity exchange
Order which is valid at any time during market hours until executed or canceled. See Open Order.
good this week order (GTW)
Financial services; Commodity exchange
Order which is valid only for the week in which it is placed.
time-stamped
Financial services; Commodity exchange
Part of the order-routing process in which the time of day is stamped on an order. An order is time-stamped when it is (1) received on the trading floor, and (2) completed.
crop year
Financial services; Commodity exchange
The time period from one harvest to the next, varying according to the commodity (i.e., July 1 to June 30 for wheat; September 1 to August 31 for soybeans).
crop marketing year
Financial services; Commodity exchange
The time span from harvest to harvest for agricultural commodities. The crop marketing year varies slightly with each ag commodity, but it tends to begin at harvest and end before the next year's ...