Monday, August 20, 2012

Financial Commodity, Financial Future, First Notice Day, Fixed Income

Financial Commodity: Any futures or option contract that is not based on an agricultural commodity or a natural resource such as energy or metals. It includes currencies (currency trading market), equity securities, fixed income securities, and indexes of various kinds.

Financial Future: A futures contract on a financial commodity.

First Notice Day: The first day on which notices of intent to deliver actual commodities against futures market positions can be received. First notice day may vary with each commodity and exchange.

Fixed Income Security: A security whose nominal (or current dollar) yield is fixed or determined with certainty at the time of purchase, typically a debt security.

Source: http://forex-currencytrading.com/financial-commodity-financial-future-first-notice-day-fixed-income-security/2012/08/19

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