Taking an opposite or offsetting position in a derivative instrument or any other type of financial instruments with regard to...

A trading procedure or tactic that involves lifting a near-month futures position and re-establishing it in a later delivery month....

An agreement where one party pays the other a fixed spread (a number of basis points) between the nearby, expiring...

The interchangeability which characterizes a futures contract. More precisely, futures contracts for the same commodity and delivery month and which...

It stands for Eurodollar futures; a futures contract on a Eurodollar interest rate such as the 3-month (90-day) Eurodollar interest...

It stands for Eurodollar option; a money market futures option which is based on Eurodollar futures. It is among most...

A money market futures option which is based on Eurodollar futures. It is among most actively traded, exchange-listed interest rate...

A futures contract on a Eurodollar interest rate such as the 3-month (90-day) Eurodollar interest rate. In the US markets,...

The processes undertaken by a specialized corporation, called a clearinghouse, in order to facilitate securities transactions. That includes: validation, delivery...

An adjustment that is made to the number of futures contracts used in hedging a position in order to accommodate...