- 行业: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
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A legally binding agreement to buy or sell a commodity or financial instrument in a designated future month at a price agreed upon today by the buyer and seller. Futures contracts are standardized according to the quality, quantity, and delivery time and location for each commodity. A futures contract differs from an option because an option is the right to buy or sell, while a futures contract is the promise to actually make a transaction. A future is part of a class of securities called derivatives, so named because such securities derive their value from the worth of an underlying investment.
Industry:Financial services
A rule of the Federal Reserve that excludes deficiencies of $500 or less in margin requirements as a necessary reason for the firm to liquidate the client's account to cover a margin call.
Industry:Financial services
A constant set by an exchange, which when multiplied by the futures price gives the dollar value of a stock index futures contract.
Industry:Financial services
A rule of the National Association of Securities Dealers providing ethical guidelines for spreads created by market makers and commissions charged by brokers.
Industry:Financial services
A market where contracts for future delivery of a commodity or a security are bought or sold.
Industry:Financial services
The process of setting a price of a commodity, whether in the present or the future. See: Gold fixing.
Industry:Financial services
An option on a futures contract. Related: Options on physicals.
Industry:Financial services
Long-lived property owned by a firm that is used by a firm in the production of its income. Tangible fixed assets include real estate, plant, and equipment. Intangible fixed assets include patents, trademarks, and customer recognition.
Industry:Financial services
The price at which parties to a futures contract agree to transact upon the settlement date.
Industry:Financial services