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Futures Terms |
| Browse our glossary of terms by using the Alphabet below. You may also search the glossary by using the search box in the right column. | |
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| Term | Definition |
|---|---|
| Basis | The difference between the price of the stock and that of the future. For Single Stock Futures, the basis is a function of, among others, the interest rates and the expected value of future dividends. |
| Bid-Ask Spread | The price difference between the highest standing offer to buy and the lowest standing offer to sell. |
| Broker Loan | The interest rate charged by broker/dealers for margin and short stock positions. |