Tag: BO

  • Booking the Basis

    Concept of Booking the Basis in Futures TradingIn this context of financial law, the following is a definition of Booking the Basis: A forward pricing sales arrangement in which the cash price is determined either by the buyer or seller within a specified time. At that time, the […]

  • Box Spread

    Concept of Box Spread in Futures TradingIn this context of financial law, the following is a definition of Box Spread: An option position in which the owner establishes a long call and a short put at one strike price and a short call and a long put at another strike price, all of which are…

  • Bona Fide Hedging Transactions

    Concept of Bona Fide Hedging Transactions in Futures TradingIn this context of financial law, the following is a definition of Bona Fide Hedging Transactions: Transactions on a designated contract market or swap execution facility that serve as a substitute for transactions in physical […]

  • Bond

    Bond BasisConcept of Bond Basis in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An interest calculation using 30 days in each month and 360 days in each year. Many eurobonds use this as the basis on which interest is calculated. A bond […]

  • Boiler Room

    Concept of Boiler Room in Futures TradingIn this context of financial law, the following is a definition of Boiler Room: An enterprise that often is operated out of inexpensive, low-rent quarters (hence the term ‘boiler room’), that uses high pressure sales tactics (generally over the […]

  • Board of Trade

    Concept of Board of Trade in Futures TradingIn this context of financial law, the following is a definition of Board of Trade: Any organized exchange or other trading facility for the trading of futures, swap and/or option contracts. See 7 USC 1a(6).

  • Book Transfer

    Concept of Book Transfer in Futures TradingIn this context of financial law, the following is a definition of Book Transfer: A series of accounting or bookkeeping entries used to settle a series of cash market transactions.