(futures)
61Futures Commission Merchant - FCM — A merchant involved in the solicitation or acceptance of commodity orders for future delivery of commodities related to the futures contract market. A futures commission merchant is able to handle futures contract orders as well as extend credit… …
62Futures commission merchant — A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any… …
63futures calendar spread — Also called a futures intra delivery spread. The simultaneous purchase and sale of the same futures contract, but different contract months. ( i.e., buying a September CME S&P 500® futures contract and selling a December CME S&P 500 futures… …
64Futures Past — infobox Book | name = Futures Past title orig = translator = image caption = author = Edited by Jack Dann and Gardner Dozois illustrator = cover artist = country = United States language = English series = Jack Dann and Gardner Dozois Ace… …
65Futures Equivalent — The number of futures contracts needed to be associated with a speculative option position. The futures equivalent can be calculated by taking the number of options and multiplying it by the previous day s risk factor (delta) for the same option… …
66Futures Pack — A type of futures order enabling purchase of a predefined number of futures contracts in four consecutive delivery months. Futures packs are differentiated by using colors to identify each group of contracts. A pack order is divided into white,… …
67Futures Strip — The sale or purchase of futures in sequential delivery months in a single security. Strips allow investors to secure conditions such as yields for a period of time equal to the length of the strip. For example, a futures strip of four consecutive …
68Futures price — The price at which the parties to a futures contract agree to transact on the settlement date. The New York Times Financial Glossary * * * futures price futures price ➔ price1 …
69futures price — The price at which parties to a futures contract agree to transact upon the settlement date. Bloomberg Financial Dictionary The price of a given commodity contract. Chicago Mercantile Exchange Glossary * * * futures price futures price ➔ price1 …
70futures market — UK / US noun [countable] Word forms futures market : singular futures market plural futures markets business the activity of buying and selling shares, goods, or currency at an agreed price to be delivered at a time in the future …
