he or she could sell that position (the bid as long as it is below the price needed to pay to buy the illiquid contracts (the ask might be of benefit to both parties. Also, any person occupying a similar status or performing similar functions, in any capacity that involves; (a) the solicitation or acceptance of customers' orders, discretionary accounts, or participation in a commodity pool (other than in a clerical capacity or (b) the supervision of any person. At-the-Money - When an option's exercise price is the same as the current trading price of the underlying commodity, the option is at-the-money.
Nearby Definitions of assignable contract. Contexts for assignable contract.negotiable, transferable, transmissible, transmittable associated concepts: assignable contract, assignable interest II index heritable, negotiable. Assignable, contract, a futures contract with a provision permitting the contract holder to convey his or her rights of assignment to a third party. Cash allowances: assignable, contracts FOR supply OF materials.1 The Province has obtained prices and entered into. Assignable, contract with.
Also includes some aspects of hedging. At-the-Market - An order to buy or sell a futures contract at whatever price is obtainable when the order reaches the trading floor. Aside from possible requirements to notify the other party in the contract, an assignment may be void if the terms of the contract change substantially or it violates any laws or public policy. Audit Trail - The record of trading information identifying for example, the brokers participating in each transaction, the firms clearing the trade, the terms and time of the trade, and, ultimately and when applicable, the customers involved. What is an 'Assignable Contract an assignable contract has a provision permitting the holder to convey his or her rights and obligations to another person before the contract expires. Next Up, breaking down 'Assignable Contract'. Associated Person - A person associated with any futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator or leverage transaction merchant as a partner, officer, employee, consultant, or agent. Assignable contracts provide how does essay mean a way for current contract holders to close out their position, locking in profits or cutting losses, before the expiration date of the contract itself. Exchange-traded contracts are not assignable. Asian Option - An option whose payoff depends on the average price of the underlying asset during some portion of the life of the option.