Call

This Issue in United States

Concept of Call in Futures Trading

In this context of financial law, the following are some alternative definitions of Call: (a) An option contract that gives the buyer the right but not the obligation to purchase a commodity or other asset or to enter into a long futures position at a specified price on or prior to a specified expiration date; (b) formerly, a period at the opening and the close of some futures markets in which the price for each futures contract was established by auction; or (c) the requirement that a financial instrument such as a bond be returned to the issuer prior to maturity, with principal and accrued interest paid off upon return. See Buyer’s Call, Seller’s Call.