Trading Glossary Contract Unit commodity future transaction

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10/09/09: S&P 500 Trading

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Trading Glossary: Contract

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Term:

Contract

Definition:

An agreement as in options in which rights are exchanged by law. A Term of reference describing a Unit of Trading for a financial or Commodity future. Also, the actual bilateral agreement between the buyer and seller of a Transaction as defined by an exchange.

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3/12/2010 - SV1