Category: S

  • Swap

    Definition of Swap in Futures Trading In this area, here is a meaning of Swap: The statutory definition of "swap" is detailed and comprehensive, though certain agreements, contracts, and transactions are excluded from the definition. It includes, for example, interest rate swaps, […]

  • Split Close

    Definition of Split Close in Futures Trading In this area, here is a meaning of Split Close: A condition that refers to price differences in transactions at the close of any market session

  • Security

    Definition of Security in Futures Trading In this area, here is a meaning of Security: Generally, a transferable instrument representing an ownership interest in a corporation (equity security or stock) or the debt of a corporation, municipality, or sovereign. Other forms of debt such as […]

  • Spot Commodity

    Definition of Spot Commodity in Futures Trading In this area, here are some alternative meanings of Spot Commodity: (a) The actual commodity as distinguished from a futures contract; (b) sometimes used to refer to cash commodities available for immediate delivery. See Actuals or Cash Commodity.

  • Strategy-Based Margining

    Definition of Strategy-Based Margining in Futures Trading In this area, here is a meaning of Strategy-Based Margining: A method for setting margin requirements whereby the potential for gains on one position in a portfolio to offset losses on another position is taken into account only if the […]

  • Swaps Guarantee

    Definition of Swaps Guarantee in Futures Trading In this area, here is a meaning of Swaps Guarantee: A guarantee of a swap is a collateral promise by a guarantor to answer for the debt or obligation of a counterparty obligor under a swap.

  • Settlement

    Definition of Settlement in Futures Trading In this area, here is a meaning of Settlement: The act of fulfilling the delivery requirements of the futures contract. Settlement in the Context of Payments Definition of Settlement in the context of payments: The process in which a merchant […]

  • Speculative Position Limit

    Definition of Speculative Position Limit in Futures Trading In this area, here is a meaning of Speculative Position Limit: The maximum position, either net long or net short, in one commodity future (or option) or in all futures (or options) of one commodity combined that may be held or […]

  • Sealed Bid Auction

    Definition of Sealed Bid Auction in Futures Trading In this area, here is a meaning of Sealed Bid Auction: A form of auction where buyers submit one concealed bid (or sellers submit one concealed offer, in the case of a reverse auction). After a round of bidding has closed, submitted bids are […]

  • Short

    Definition of Short in Futures Trading In this area, here are some alternative meanings of Short: (a) The selling side of an open futures contract; (b) a trader whose net position in the futures market shows an excess of open sales over open purchases. See Long.