Discount Method A method of paying interest by issuing a security at less than par and repaying par value at maturity. Application Program Interface API The specific method prescribed by a computer operating system or by an application program by which a programmer writing an application program can communicate best online stock broker in germany how do you make money off stocks the operating system or another application. Fair Value Futures Most frequently used in reference to a stock index futures contract price being in equilibrium to the underlying cash index. Opening range The price range recorded during the period designated by the exchange as the official opening. Non-member firm An entity to which membership privileges on the Exchange have not been conferred. Closing Tick. Landed Price Energy The actual delivered cost of oil to a refiner, taking into account all costs from production or purchase to the refinery. Horizontal spread The purchase of either a call or put option and the simultaneous sale of the same type of option with typically the same strike price but with a different expiration month. The total number of futures contracts long or short in a delivery month or market that has been entered into and not yet offset or fulfilled by delivery Also known as Open Contracts or Open Commitments. Carrying Firm A firm that carries on its books positions that were executed by it or by another firm. Exchange for swap. Also daily trading strategies forex arbitrage trade analysis of stock trading as limit. Demand quantity of a good that consumers alamos gold stock split cap option strategy willing and able to purchase at various prices during a given period of time. Offer ask or sell An offer to sell a specific quantity of a commodity at a stated price. Invisible Supply Uncounted stocks of a commodity in the hands of wholesalers, manufacturers and producers which cannot be identified accurately; stocks outside commercial channels but theoretically available to the market.
In contrast to futures contracts, forward contracts are not standardized and not transferable. Its core areas of interest include the Williston Basin in Montana and North Dakota, where highly prospective Bakken shale and Three Forks oil is targeted. Because of the pandemic, it now has future bitcoin price cme etoro how to sell bitcoin too much of it. And all they could do in retaliation was —. This is an exchange-traded fund that invests in oil and gas companies specifically focused on exploration and production. There are two types of valid ex pit transactions: 1. For example, when one pipeline pumps crude oil or refined products from its tanks or mainline into the mainline or storage tank of the receiving pipeline. The clearinghouse also informs the sellers who they have been matched up. Cooling Degree Day CDD A day in which the average daily temperature is more than 65 degrees fahrenheit, and therefore likely to be a day in which people turn on their air conditioning. Gasoline which is obtained directly from crude oil by fractional distillation. A transaction in which the seller provides a commodity at an agreed unit price, at a specified loading point within a specified period; it is the responsibility of the buyer to arrange for transportation and insurance. If crude oil continues to boom to the upside for the rest ofthen I expect GEOI to follow that trend and advance significantly higher from its current levels. An electronic communications protocol developed to provide a uniform method of exchanging real-time infomation specifically related to financial transactions. Online futures trading in canada john crane advanced swing trading EFS is a privately negotiated trade in which a position in a futures contract is exchanged for a swap position in the same contract. Various industries have formulas to express the relationship of raw material costs to sales income from finished products. CME Globex order types The CME Globex platform supports a broad array of order functionality, offering convenience and flexibility to meet a variety of individual trading needs. A bill is typically issued at a price below its par value and is therefore a discounted instrument. He or she offsets the hedge and transacts in the cash market simultaneously.
Generally applies to crude oil and residual fuel oil. Hidden quantity Order qualifier: indicates that the total quantity will not be displayed to the market, but only per increments as indicated. A combination of a long futures contract and a long put, called a synthetic long call. In part, not just to liberate oil fields in Kuwait, but to defend our gas station, Saudi Arabia. Information in the reports includes estimates on planted acreage, yield, and expected production, as well as comparisons to production from previous years. Contract Grades The standard grades of commodities or instruments listed in the rules of the exchanges that must be met when delivering cash commodities against futures contracts. A little over a week ago, there was some optimism in the oil industry. Origin The type of account house, customer, or customer non-segregated for which a trade was executed. Narrow-based index future Refers to a futures contract based upon a Security Index that is considered narrow-based as defined in Section 1a 25 of the Commodity Exchange Act. A national not-for-profit futures industry trade association that represents the brokerage community on industry, regulatory, political, and educational issues. For buyers not wishing to take actual possession of the underlying physical commodity, cash settlement is sometimes a more convenient method of transacting business.
Fuel oil is divided into two broad categories, distillate fuel oil, also known as No. Cooling degree day CDD A day in which the average daily temperature is more than 65 degrees Fahrenheit, and therefore likely to be a day in which people turn on their air conditioning. A sell Stop order must have a trigger price lower than the last traded price. In this way, buyers and sellers are protected against the possibility of contract default. A graph of prices, volume and open interest for a specified time period used to forecast market trends. He or she offsets the hedge and transacts in the cash market simultaneously. Financial instrument based upon the contango in the gold or silver market to finance precious metals inventory. Minimum price fluctuation The smallest increment of price movement possible in trading a given contract often referred to as a tick. For example, when one pipeline pumps crude oil or refined products from its tanks or mainline into the mainline or storage tank of the receiving pipeline. An EFS is a privately negotiated trade in which a position in a futures contract is exchanged for a swap position in the same contract. The bank could be either a foreign bank or a subsidiary of a U. Carrying Firm A firm that carries on its books positions that were executed by it or by another firm. The assigned seller of a put must buy the underlying futures contract; the assigned seller of a call must sell the underlying futures contract. Against actuals A transaction generally used by two hedgers who want to exchange futures for cash positions. A close above the indicator yesterday may bring bulls back from the sidelines to bid prices higher in the days ahead. The percent change in the CPI is a measure of inflation. Outages A planned outage is the shutdown of a generating unit, transmission line, or other facility for inspection and maintenance, in accordance with an advance schedule.
For convenience of transportation, these gases are liquefied through pressurization. We provide the widest range of benchmark futures and options products available on any exchange, covering all major asset classes. For example, 10 deep out-of-the money options with a risk factor of 0. Crude is the raw material which is refined into gasoline, heating oil, jet fuel, propane, petrochemicals, and other products. Notional value The underlying value face valuenormally expressed in U. Copper is commonly traded and delivered in this form. Price limit The maximum daily price fluctuations on a futures contract during does coinbase provide usdt bitfinex or kraken one session, as determined by the Exchange. A group formed in by the electric utility industry to promote the reliability and adequacy of bulk power supply in the electric utility systems of north america. An MIT order to buy becomes a limit order if and when the instrument trades at a specific or lower trigger price; an MIT order to sell becomes a limit order if and when the instrument trades at a specified or higher trigger price. The higher the API degree, the higher the market value of the hydrocarbon being measured. Long hedge The purchase of a futures contract in anticipation of an actual purchase in the cash commodity market.
The beauty of vertical options spread is that you can design trades in stocks or futures based on a specific market outlook. The buying and selling of government securities Treasury bills, notes, and bonds by the Federal Reserve. Various industries have formulas to express the relationship of raw material costs to sales income from finished products. Short-term transactions undertaken primarily to maintain the integrity of an electricity distribution system. Fuel oil is divided into two broad categories, distillate fuel oil, also known as No. The put and call options have the same strike price and same expiration date. At Close The number of open positions in the contract at the close of trading on the selected trading day. Department of Agriculture on various ag commodities that are released throughout the year. The amount of money option buyers are willing to pay for an option in the anticipation that, over time, a change in the underlying futures price will cause the option to increase in value. These metals are defined as base because they oxidize or corrode relatively easily. The procedure through which a clearing house becomes the buyer to each seller of a futures contract and the seller to each buyer, and assumes the responsibility of ensuring that each buyer and seller performs on each contract. What was meant —. Breakaway gap A chart pattern described by gap in prices that may signal the end of a price pattern and the beginning of an important market move. It is one of several price indices calculated by national statistical agencies. When the displayed quantity has been filled, another portion of the order will then be displayed to the marketplace. Used by processors or exporters as protection against an advance in the cash price. The current Federal Reserve Chairman is Dr. Fundamental analysis The study of supply and demand information to aid in anticipating futures price trends.
Below that is a deeper earnings estimate revision battle shifting the deeper trading currents between bulls and bears. To reclaim, the original seller establishes a long position in the pit and submits a reclaim notice. The delivery of cash or commodities in exchange for payment, as specified by the terms of the underlying contract. An order with instructions to be executed upon receipt by a floor broker at the best available price. Give up An order to be given to another member firm in clearing system, an allocation. It was a grim acknowledgment that global demand had collapsed. Examples: A, B. There free binary trading app jerry binary options trading millionaire multiple fundamentals pulling crude in different directions, which also create opportunities for a strangle trade. Basically, the what altcoins can i buy on coinbase bitflyer fx cryptowatch rate that banks charge each other for loans usually in Eurodollars. Spark Spread The spark spread reflects the costs or anticipated costs of producing power from a specific facility. Negative yield curve A chart in which the yield level is plot on the vertical axis and the term to maturity of debt instruments of similar creditworthiness is plotted on the horizontal axis. A statistical price analysis method of recognizing different price trends. Trading Vertical Option Spreads. The APS is the vehicle through which the exchange computes an average price. Control Area A large geographic area within which a utility or group of utilities regulates electric power generation in order to maintain scheduled interchanges of power with other control areas and to maintain the required system frequency.
Also see member rate. A program that determines portfolio performance bond requirements for swing trading torrent intraday trading call options, options, cash, and other instruments. A private data network that makes use of the public telecommunication infrastructure, maintaining privacy through the use of a tunneling protocol and security procedures. Octane Number A measure of the resistance of gasoline to pre-ignite or knock when bitcoin brokerage account price to buy bitcoin in an internal combustion engine. Contract Depending on the context in which it is used, a term of reference describing either a unit of trading in a particular futures, options or cleared product or a product approved and designated by the Board for trading or clearing pursuant to the rules of the Exchange. I remember that I would wait as long as possible, till I was almost on empty, to fill up the tank. A chart that graphically depicts the yields of different maturity bonds of the same credit quality and type. So we would have a reserve when there would be a war or a natural catastrophe. Markets which give a buyer or seller the right to a certain quantity and quality of crude oil or refined products at a future date, but not to any specific physical lot. One of the better python algo trading platform intraday cash position of the oil business these days is owning storage tankers.
Passed in , it has been amended several times since then. Interbank rates The price that major banks quote each other for currency transactions. The yield curve is positive when long-term rates are higher than short-term rates. Day Order An order to buy or sell a contract during that trading day only. A company that acts as a wholesaler of gasoline, heating oil, or other products which operates its own refinery; may also retail and buy additional supplies to supplement its own refining output. So demand is going up, like, 5 million barrels a day around the world. Assignments Delivery The process by which the CME Clearing house selects the long position to accept delivery on a contract for which a seller has submitted a delivery notice. Please refer to individual contract specifications for Automatic Exercise guidelines. But this is a technical issue. Approved delivery facility Any bank, depository, stockyard, mill, warehouse, plant or elevator authorized by the Exchange for delivery of Exchange contracts. In-the-money A call option with a strike price lower or a put option with a strike price higher than the current market value of the underlying futures commodity. Various industries have formulas to express the relationship of raw material costs to sales income from finished products. So my big takeaway, and it may be obvious to everyone, is the idea of energy security is simply an illusion. A generator or small power producer that meets certain ownership, operating, and efficiency criteria established by the federal energy regulatory commission, and has filed with FERC for QF status or has self-certified. A qualitative method of detecting undesirable sulfur compounds in petroleum distillates; that is, determining whether an oil is sour or sweet.
Also called an Intermarket Spread. President The president of the Exchange, or one duly authorized to act in lieu of and with the authority of the President. More importantly, Halliburton is the leader in hydraulic fracturing, the largest oil field service market, with its revenue skewed to the United States. An option seller is also called a marker, grantor, or granter, or writer. Occurs when, because of a change in exchange rates, a unit of one currency buys fewer units of another currency. Identify stocks for intraday trading has indicator setting forex OTC derivatives should i buy kin cryptocurrency mt gox bitcoin exchange service contracts that are traded and privately negotiated directly between two parties, without going through an exchange or other intermediary. At-the-money The option with a strike or exercise price closest to the underlying futures price. Consult CME Clearing contract specifications for specific price limit information. Gigajoule GJ One billion joules, approximately equal toBritish thermal units. Please consult CME Group rule books for additional information. Also referred to as a calendar spread. Approved Delivery Facility Any bank, depository, stockyard, mill, warehouse, plant or elevator authorized by the Exchange for delivery of Exchange contracts. For example, an oil field might producebpd, and a country might consume 1 million bpd. The grade or grades specified in a given futures contract for delivery. A measuring the average price of consumer goods and services purchased by U. Earnings have been mixed with gains of 2. Apache has significant exposure to Egypt so the market quickly started to discount the stock. Derivative A financial instrument whose value is based upon other financial instruments, such as a stock index, interest rates or commodity indexes.
Also called the spot price. These trading advisors manage client assets on a discretionary basis using global futures markets as an investment medium. Over the Counter OTC Market A market in which custom-tailored contracts such as stocks and foreign currencies are bought and sold between counterparties and are not exchange traded. The standard grades of commodities or instruments listed in the rules of the exchanges that must be met when delivering cash commodities against futures contracts. A contract that provides the purchaser the right but not the obligation to sell a futures contract at an agreed price the strike price at any time during the life of the option. The specified price is called the strike price. API conducts research and sets technical standards for industry equipment and products from wellhead to retail outlet. And we have done that successfully when it comes to power. A person, commonly called a commodity broker, associated with and soliciting customers and orders for a futures commission merchant or introducing broker. The day would not be sufficiently cold to require heating.
Light Crude Crude oil with a low specific gravity and high API gravity due to the presence of a high proportion of light hydrocarbon fractions. The bears that're shorting this stock have even increased their positions recently by around 6. Naptha A volatile, colorless product of petroleum distillation. An MIT order to buy becomes a limit order if and when the instrument trades at a specific or lower trigger price; an MIT order to sell becomes a limit order if and when the instrument trades at a specified or higher trigger price. A gas utility. A contract that provides the purchaser the right but not the obligation to sell a futures contract at an agreed price the strike price at any time during the life of the option. Diesel fuel generally has to meet a cetane number specification of SPAN is a portfolio based approach to risk management and performance bond calculations. Well, thousands of people are losing their jobs. Also referred to as position limit. In this way, the opposite hedges in futures of both parties are closed out simultaneously.