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The North American markets
Definitions by Alan Blair
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agri-futures agricultural futures markets April August Baltic Exchange basis beans bought brokerage bushel buyer CBOT cents cents/bushel CFTC Chicago futures Clearing House clearing members client cocoa coffee commission Commodity Exchange Commodity Exchange Act corn futures cost crop CTAs Customer Agreement December delivery month Euro-Differential export farmer forward contracts futures and options futures broker futures contract futures exchanges futures markets futures position futures price futures trading grain futures hedge hedgers initial margin investment investor July Khleb LGFM limit live cattle live hogs London Fox long strangle major market participant member firm merchant open interest open outcry operation options trading physical delivery pits portfolio potato premium production profit purchase put option risk rules sell seller settlement price soyabean meal speculative storage strike price sugar tonnes Trading hours transaction underlying futures volatility volume wheat futures Winnipeg Commodity Exchange