Finance

Category: D

  • Differentials

    Concept of Differentials in Futures TradingIn this context of financial law, the following is a definition of Differentials: The discount (premium) allowed for grades or locations of a commodity lower (higher) than the par of basis grade or location specified in the futures contact. See Allowances.

  • Default Option

    ResourcesSee AlsoCredit Default Option Futures Trading Consumer Protection Consumer Finance

  • Delivery Instrument

    Concept of Delivery Instrument in Futures TradingIn this context of financial law, the following is a definition of Delivery Instrument: A document used to effect delivery on a futures contract, such as a warehouse receipt or shipping certificate.

  • Discount Points

    Discount Points in the Context of Mortgage RefinancingsIn this context, a definition of Points (also Called Discount Points) may be distilled, worded as follows: One point is equal to 1 percent of the principal amount of a mortgage loan. For example, if a mortgage is $200,000, one point equals […]

  • Delivery Price

    Concept of Delivery Price in Futures TradingIn this context of financial law, the following is a definition of Delivery Price: The price fixed by the clearing organization at which deliveries on futures are invoiced—generally the price at which the futures contract is settled when […]

  • Dominant Future

    Concept of Dominant Future in Futures TradingIn this context of financial law, the following is a definition of Dominant Future: The futures contract having the largest amount of open interest.

  • Determining Party

    Concept of Determining Party in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): In the event of a cancellation as a result of an extraordinary event, a payment (cancellation amount) needs to be determined. As the determining party is […]

  • Docgenerator

    Concept of Docgenerator in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The part of the Scrittura™ software platform consisting of web-enabled document production that creates trade-related documents. It supports the management of […]

  • Delivery Month

    Concept of Delivery Month in Futures TradingIn this context of financial law, the following is a definition of Delivery Month: The specified month within which a futures contract matures and can be settled by delivery or the specified month in which the delivery period begins.

  • Discretionary Account

    Concept of Discretionary Account in Futures TradingIn this context of financial law, the following is a definition of Discretionary Account: An arrangement by which the holder of an account gives written power of attorney to someone else, often a commodity trading advisor, to buy and sell […]

  • Duration

    Concept of Duration in Futures TradingIn this context of financial law, the following is a definition of Duration: A measure of a bond’s price sensitivity to changes in interest rates.

  • Disruptive Trading Practice

    Concept of Disruptive Trading Practice in Futures TradingIn this context of financial law, the following is a definition of Disruptive Trading Practice: The Dodd-Frank Act amended the Commodity Exchange Act to explicitly prohibit trading activity that (A) violates bids or offers; (B) […]

  • Derivatives Clearing Organization

    Concept of Derivatives Clearing Organization (DCO) in Futures TradingIn this context of financial law, the following is a definition of Derivatives Clearing Organization (DCO): A clearing organization registered with the CFTC that, in respect to a contract (a) enables each party to the contract […]

  • Digital Option

    ResourcesSee AlsoBinary Option Futures Trading Consumer Protection Consumer Finance

  • Double Hedging

    Concept of Double Hedging in Futures TradingIn this context of financial law, the following is a definition of Double Hedging: As used by the CFTC, it implies a situation where a trader holds a long position in the futures market in excess of the speculative position limit as an offset to a […]