11 Terms
Home > Industry/Domain > Financial services > Commodity exchange
Commodity exchange
Industry: Financial services
Add a new termContributors in Commodity exchange
Commodity exchange
buy on opening
Financial services; Commodity exchange
To buy (or sell) at the beginning of a trading session within the open price range.
buy on close
Financial services; Commodity exchange
To buy (or sell) at the end of the trading session within the closing price range.
marking-to-market
Financial services; Commodity exchange
To debit or credit on a daily basis a margin account based on the close of that day's trading session. In this way, buyers an sellers are protected against the possibility of contract default.
assign
Financial services; Commodity exchange
To make an option seller perform his obligation to assume a short futures position (as a seller of a call option) or a long futures position (as a seller of a put option).
Sell on opening
Financial services; Commodity exchange
To sell at the beginning of a trading session within the open price range.
sell on close
Financial services; Commodity exchange
To sell at the end of the trading session within the closing price range.
cost of tender
Financial services; Commodity exchange
Total of various charges incurred when a commodity is certified and delivered on a futures contract.
