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Glossary of Terms
As the commerce and industry have evolved, each sector has developed a vocabulary that uniquely describes its products,
technology, and business practices, known as a jargon of respective domain. Often, these words seem incomprehensible to
the layman. This short lexicon is not meant to be a comprehensive dictionary of markets; nevertheless it would be a useful
guide for the beginners who are keen to no more about financial markets and futures industry.
R
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Rally :-
An advancing price movement following a
decline in a market.
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Range :-
The difference between the highest and lowest
prices recorded during a given trading period.
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Ratio Spread :-
Any spread where the number of long market
contracts and the number of short market contracts are unequal.
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Reportable Position :-
The number of futures contracts, as determined
by the Exchange or the Commodity Futures Trading Commission, above which
a customer must be identified daily to the Exchange and to the Commission
with regard to the size of his position by commodity, by delivery month,
and by purpose of the trading. .
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Resistance :-
Opposite of support.
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Resting Order :-
An order away from the market, waiting to
be executed.
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Rollover :-
A special futures straddle trading procedure
involving the shift of one month of a straddle into another future month
while maintaining the other contract month of the original spread position.
The shift can take place in either the long or short straddle month.
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Round Lot :-
A quantity of a commodity equal in size to
the corresponding futures contract for the commodity, as distinguished
from a job lot, which may be larger or smaller than the contract.
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Roundturn :-
The completion of both a purchase and sale
of a commodity futures contract.
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