Legal Dictionary

Search results for: “futures”

  • Call

    In interest in the stock. Brown v O’Keefe, 300 U.S. 598, 81 L. Ed. 827, 57 S. Ct. 543.

  • Securities and Commodities Exchanges

    Securities and Commodities Exchanges Definition (in the Accounting Vocabulary)The The New York State Society of Certified Public Accountants offers the following definition of Securities and Commodities Exchanges in a way that is easy for anybody to understand: Organized, national EXCHANGES […]

  • Portfolio

    A collection of investments, real and/or financial….

  • Invest

    To place capital in such a way that it wil secure income or profit for the investor Christianson v state Tax commission , 401 P. 743,240 Or. 504. there are two senses ii which the word can be used; (1) purchasin, articles or property for the income that can be obtained from […]

  • Backwardation

    A percentage paid by a seller tff stock, deliverable upon a certain date, for the privilege of delaying delivery until some other date. Compare Contango…

  • Between

    Intervening time, space, position or state v Johnson, 275 So. 405.

  • Reversing Trade

    Entering the opposite side of a currently held futures position to close out the position….

  • Quality Option

    Also called the swap option, the seller’s choice of deliverables in Treasury Bond and Treasury note futures contract. Related: cheapest to deliver issue…

  • Put

    An option to sell securities .

  • Pit Committee

    A committee of the exchange that determines the daily settlement price of futures contracts….

  • Overlay Strategy

    A strategy of using futures for asset allocation by pension sponsors to avoid disrupting the activities of money managers….

  • Options On Physicals

    Interest rate options written on fixed-income securities, as opposed to those written on interest rate futures contracts….

  • Open-Outcry

    The method of trading used at futures exchanges, typically involving calling out the specific details of a buy or sell order, so that the information is available to all traders….

  • Omnibus Account

    An account carried by one futures commission merchant with another futures commission merchant in which the transactions of two or more persons are combined and carried in the name of the originating broker, rather than designated separately. Related: commission house….

  • Normal Backwardation Theory

    Holds that the futures price will be bid down to a level below the expected spot price….