Tag: spot
Head And Shoulders Pattern
What is a 'Head And Shoulders Pattern' In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts...
Implied Rate
What is an 'Implied Rate' An implied rate is an interest rate that is determined by the difference between the spot rate...
Narrow Basis
What is 'Narrow Basis' A condition found in futures markets in which the spot price of underlying commodities is close to the...
Backwardation
DefinitionNormal backwardation, also sometimes called backwardation, is the market condition wherein the price of a commodities' forward or futures contract is trading below the...
Contango
DefinitionContango is a situation where the futures price of a commodity is higher than the anticipated spot price at maturity of the futures contract....
Par Yield Curve
What is a 'Par Yield Curve' A par yield curve is a graph of the yields on hypothetical Treasury securities with prices...
Parity
What is 'Parity' Parity refers to two things being equal to each other. The term "par value" for a bond is similar...
Uncovered Interest Arbitrage
DefinitionUncovered interest arbitrage is an arbitrage trading strategy whereby an investor capitalizes on the interest rate differential between two countries. Unlike covered interest arbitrage,...
Unbiased Predictor
What is 'Unbiased Predictor' The notion that the current market price of a physical commodity (its cash price or currency) will be...
AAAA Spot Contract
What is 'AAAA Spot Contract' A standardized contract drawn up by the American Association of Advertising Agencies that governs the purchase of...