2 Terms
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Commodity exchange
Industry: Financial services
Add a new termContributors in Commodity exchange
Commodity exchange
seller's market
Financial services; Commodity exchange
A condition of the market in which there is a scarcity of goods available and hence sellers can obtain better conditions of sale or higher prices.
spot commodity
Financial services; Commodity exchange
(1) The actual commodity as distinguished from a futures contract: (2) sometimes used to refer to cash commodities available for immediate delivery.
terminal elevator
Financial services; Commodity exchange
An elevator located at a point of greatest accumulation in the movement of agricultural products which stores the commodity or moves it to processors.
seller's option
Financial services; Commodity exchange
The right of a seller to select, within the limits prescribed by a contract, the quality of the commodity delivered and the time and place of delivery.
variable price limit
Financial services; Commodity exchange
A price limit schedule, determined by an exchange, that permits variations above or below the normally allowable price movement for any one trading day.
positive carry
Financial services; Commodity exchange
The cost of financing a financial instrument (the short-term rate of interest), where the cost is less than the current return of the financial instrument.
ring
Financial services; Commodity exchange
A circular area on the trading floor of an exchange where traders and brokers stand while executing futures trades. Some exchanges use pits rather than rings.
