Finance

Category: G

  • Grantor

    Concept of Grantor in Futures TradingIn this context of financial law, the following is a definition of Grantor: The maker, writer, or issuer of an option contract who, in return for the premium paid for the option, stands ready to purchase the underlying commodity (or futures contract) in the […]

  • Gamma

    Concept of Gamma in Futures TradingIn this context of financial law, the following is a definition of Gamma: A measurement of how fast the delta of an option changes, given a unit change in the underlying futures price; the ‘delta of the delta.’

  • Gearing

    Concept of Gearing in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The characteristic of derivatives which enables a far greater reward (or loss) for the same, or much smaller, initial outlay. It is the ratio of exposure to investment […]

  • GTW

    ResourcesSee AlsoGood This Week Order Futures Trading Consumer Protection Consumer Finance

  • Grain Futures

    Concept of Grain Futures Act in Futures TradingIn this context of financial law, the following is a definition of Grain Futures Act: Federal statute that provided for the regulation of trading in grain futures, effective June 22, 1923; administered by the Grain Futures Administration, an agency […]

  • Guaranteed Introducing Broker

    Concept of Guaranteed Introducing Broker in Futures TradingIn this context of financial law, the following is a definition of Guaranteed Introducing Broker: An introducing broker that has entered into a guarantee agreement with a futures commission merchant (FCM), whereby the FCM agrees to be […]

  • GPM

    ResourcesSee AlsoGross Processing Margin Futures Trading Consumer Protection Consumer Finance

  • Good Faith Estimate

    Good Faith Estimate in the Context of Mortgage RefinancingsIn this context, a definition of Good Faith Estimate may be distilled, worded as follows: An estimated breakdown of the costs of a mortgage loan. The Real Estate Settlement Procedures Act (RESPA) requires your mortgage lender to give […]

  • Grace Period

    Concept of Grace Period in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A period, normally 30 days, in which a borrower is permitted to make interest or principal payments that it has missed.ResourcesSee AlsoDerivatives Contract

  • Gross Processing Margin

    Concept of Gross Processing Margin (GPM) in Futures TradingIn this context of financial law, the following is a definition of Gross Processing Margin (GPM): Refers to the difference between the cost of a commodity and the combined sales income of the finished products that result from […]

  • Good Till Canceled Order

    Concept of Good Till Canceled Order (GTC) in Futures TradingIn this context of financial law, the following is a definition of Good Till Canceled Order (GTC): An order which is valid until cancelled by the customer. Unless specified GTC, unfilled orders expire at the end of the trading day. See […]

  • Gross

    Concept of Gross in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A derivative (i.e. an instrument that transfers risk from one party to the other) or asset position expressed without netting bought and sold trades.ResourcesSee […]

  • Gold Fixing

    Concept of Gold Fixing (Gold Fix) in Futures TradingIn this context of financial law, the following is a definition of Gold Fixing (Gold Fix): The setting of the gold price at 10:30 a.m. (first fixing) and 3:00 p.m. (second fixing) in London by representatives of the London gold market.

  • GTC

    ResourcesSee AlsoGood ‘Till Canceled Order Futures Trading Consumer Protection Consumer Finance

  • Grades

    Concept of Grades in Futures TradingIn this context of financial law, the following is a definition of Grades: Various qualities of a commodity.