Category: W
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Work-Up
Concept of Work-Up in Futures TradingIn this context of financial law, the following is a definition of Work-Up: A procedure common in derivatives markets that allows negotiated transactions to expand. In a work-up, after a price and quantity for a bilateral deal have been set, the parties […]
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Warehouse Receipt
Concept of Warehouse Receipt in Futures TradingIn this context of financial law, the following is a definition of Warehouse Receipt: A document certifying possession of a commodity in a licensed warehouse that is recognized for delivery purposes by an exchange.
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Writer
Concept of Writer in Futures TradingIn this context of financial law, the following is a definition of Writer: The issuer, grantor, or seller of an option contract.
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Warrant
Concept of Warrant in Futures TradingIn this context of financial law, the following is a definition of Warrant: An issuer-based product that gives the buyer the right, but not the obligation, to buy (in the case of a call) or to sell (in the case of a put) a stock or a commodity at a…
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Weather Derivative
Concept of Weather Derivative in Futures TradingIn this context of financial law, the following is a definition of Weather Derivative: A derivative whose payoff is based on a specified weather event, for example, the average temperature in Chicago in January. Such a derivative can be used to […]
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Writedown
Concept of Writedown in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A payment in a PAUG from seller to buyer which arises from a permanent diminution in the value of the underlying ABS, for example the underlying assets are insufficient to […]
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Wash Trading
Concept of Wash Trading in Futures TradingIn this context of financial law, the following is a definition of Wash Trading: Entering into, or purporting to enter into, transactions to give the appearance that purchases and sales have been made, without incurring market risk or changing the […]
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Warrants
Concept of Warrants in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An option (i.e. the right to buy or sell a financial instrument at some agreed conditions) on an underlying asset which is in the form of a transferable security and which […]
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Warrant Receipt for Metals
Concept of Warrant or Warehouse Receipt for Metals in Futures TradingIn this context of financial law, the following is a definition of Warrant or Warehouse Receipt for Metals: Certificate of physical deposit, which gives title to physical metal in an exchange-approved warehouse.
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Wild Card Option
Concept of Wild Card Option in Futures TradingIn this context of financial law, the following is a definition of Wild Card Option: Refers to a provision of any physical delivery Treasury bond or Treasury note futures contract that permits shorts to wait until as late as 8:00 p.m. Chicago time […]
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Wash Sale
ResourcesSee AlsoWash Trading Futures Trading Consumer Protection Consumer Finance
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Winter Wheat
Concept of Winter Wheat in Futures TradingIn this context of financial law, the following is a definition of Winter Wheat: Wheat that is planted in the fall, lies dormant during the winter, and is harvested beginning about May of the next year.