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futures trading |
Also found in: Dictionary/thesaurus, Financial, Wikipedia | 0.50 sec. |
futures tradingBuying and selling futures. The notional value of the futures contracts traded annually worldwide is $140,000 billion (1994). The volume of crude oil futures and options traded on the New York Mercantile Exchange amounts to 200 million barrels a day, almost four times the amount actually produced. |
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Meanwhile, the London Metal Exchange (LME) short-term futures contract for February in g-p blown film butene LLDPE sold at 50. Since the March contract became the front-month futures contract, basis has softened. Cash is king in this market, as well: Although nearby natural gas is 5cents/unit, futures contract prices rise to more than 8cents in December and 9cents in February. |
futures contract
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