Standardized Futures Terms
Definition
Standardized Futures Terms. A set of standard terms for futures contracts, as set out by the derivatives exchange. Futures contracts issued by and traded on that exchange will take on these terms or override them.
Standard symbology for the commodities are standardized by the exchanges as part of their standard contracts, for example trading in standard bushels, commonly defined kinds of oil and so on. These give the units in which lot sizes are described and defined.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/ExchangeTradedDerivatives/Futures/index-en.html + |
