Category: D

  • Day Order

    Concept of Day Order in Futures TradingIn this context of financial law, the following is a definition of Day Order: An order that expires automatically at the end of each day’s trading session. There may be a day order with time contingency. For example, an ‘off at a specific time’ order is an […]

  • Default

    Concept of Default in Futures TradingIn this context of financial law, the following is a definition of Default: Failure to perform on a futures contract as required by exchange rules, such as failure to meet a margin call, or to make or take delivery.

  • Designated Contract Market

    Concept of Designated Contract Market (DCM) in Futures TradingIn this context of financial law, the following is a definition of Designated Contract Market (DCM): A board of trade or exchange designated by the CFTC to trade futures, swaps, and/or options under the CEA. A contract market can […]

  • Deliverable Grades

    ResourcesSee AlsoContract Grades Futures Trading Consumer Protection Consumer Finance

  • Directional Trading

    Concept of Directional Trading in Futures TradingIn this context of financial law, the following is a definition of Directional Trading: Trading strategies designed to speculate on the direction of the underlying market, especially in contrast to volatility trading. Disclosure Document: A […]

  • Delivery Point

    Concept of Delivery Point in Futures TradingIn this context of financial law, the following is a definition of Delivery Point: A location designated by a commodity exchange where stocks of a commodity represented by a futures contract may be delivered in fulfillment of the contract. Also called […]

  • Deferred Futures

    ResourcesSee AlsoBack Months Futures Trading Consumer Protection Consumer Finance

  • Discount

    Concept of Discount in Futures TradingIn this context of financial law, the following are some alternative definitions of Discount: (a) The amount a price would be reduced to purchase a commodity of lesser grade; ( 2) sometimes used to refer to the price differences between futures of different […]

  • Delivery Option

    Concept of Delivery Option in Futures TradingIn this context of financial law, the following is a definition of Delivery Option: A provision of a futures contract that provides the short with flexibility in regard to timing, location, quantity, or quality in the delivery process.

  • Delivery, Current

    Concept of Delivery, Current in Futures TradingIn this context of financial law, the following is a definition of Delivery, Current: Deliveries being made during a present month. Sometimes current delivery is used as a synonym for nearby delivery.

  • Definitions

    Concept of Definitions in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): The market standard provisions by which the terms of a derivative (i.e. an instrument that transfers risk from one party to the other) transaction are described. The […]

  • De Minimis Threshold

    Concept of De minimis Threshold in Futures TradingIn this context of financial law, the following is a definition of De minimis Threshold: The notional amount of swap positions connected to swap dealing activity below which a person engaged in such activity is not required to register with the […]

  • Designated Self-Regulatory Organization

    Concept of Designated Self-Regulatory Organization (DSRO) in Futures TradingIn this context of financial law, the following is a definition of Designated Self-Regulatory Organization (DSRO): Self-regulatory organizations (i.e., the commodity exchanges and registered futures associations) that […]

  • Deposit

    ResourcesSee AlsoInitial Margin Futures Trading Consumer Protection Consumer Finance

  • Declaration

    Declaration (of Options)ResourcesSee AlsoExercise Futures Trading Consumer Protection Consumer Finance