back
Futures contracts (futures) are contracts (agreements) on purchases (sales) of goods for a specified delivery date in the future at prices established today. Futures can end in a payment of a price difference without actual goods transfer.
Forward contracts are contracts (agreements) on obligatory purchases (sales) of goods for a specified delivery date in the future at prices established. Goods are physically transferred when forwards are executed.
The "rings" are specific five minute periods, within which each LME contract is traded.
Stock-exchange session is a period of time during the exchange trading day, when deals are completed.
Clearing is a procedure of the netting and settlement of claims and liabilities arising from securities and derivatives transactions at the end of a trading session.
Special stock-exchange session is a session, when a price is quoted in a strict order given through by a session chairperson, depending on the dates of delivery.
Demand (call) is a time period on the opening and closing of the trading session on futures exchanges, when the prices for futures are set through auctioning.
Margin is a fixed collateral (insurance deposit), provided by the buyer or the seller to guarantee the performance of a derivatives transaction on financial markets. back |
