A pricing structure in securities, foreign currencies and commodities trading wherein the prices of near future deliveries exceed those of...

A commodity swap in which two counterparties exchange cash flows based on two prices: the sport price and the future...

An over-the-counter (OTC) contract that obliges its holder to buy or sell a specific asset for a predetermined delivery price...

The price of the underlying asset of a forward contract. In other words, it is the price at which a...

A pricing structure in securities, foreign currencies and commodities trading wherein the prices of far future deliveries exceed those of...

The market’s average opinion about what the spot price of an asset will be at a specific time in the...