Commodity option definition

Commodity option means an account, agreement, or contract giving a party to the account, agreement, or contract the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but shall not include an option traded on a national securities exchange registered with the United States securities and exchange commission.
Commodity option. ’ means agreement or transaction subject to regulation under sec- tion 4c(b) of the Act;
Commodity option means an account, agreement, or contract giving a party to the option the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, or both whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty, or otherwise.

Examples of Commodity option in a sentence

  • Commodity option is defined in the Code as any agreement or transaction regulated by a certain CEA provision.

  • Commodity option: Option contract that gives the right to deliver or receive a specific commodity or commodity index at an agreed price at a set date in the future.

  • Commodity option: (lines 3 and 4) OTC option with provision to deliver or receive a commodity, its cashvalue, or a commodity index at an agreed price at a set date in the future.

  • Any swap that is not included in the rate swap, credit swap or equity swap categories.* * * * *Commodity option transaction; commodity option.

  • Notwithstanding paragraphs (gg)(1), (2) and (3) of this section, the term customer funds shall exclude money, securities or property held to margin, guarantee or secure security futures products held in a securities ac- count, and all money accruing as the result of such security futures prod- ucts.(hh) Commodity option transaction; commodity option.


More Definitions of Commodity option

Commodity option means any account, agreement, or contract giving a party thereto the right to purchase or sell one or more commodities and/or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but does not include a commodity option traded on a national securities exchange registered with the United States securities and exchange commission.
Commodity option shall have the meaning assigned to it in Article 5.11(a) of these General Conditions.
Commodity option means any account, agreement, or contract
Commodity option means a Commodity Call Option or Commodity Put Option without physical delivery of the Commodity, whose underlying asset is the Commodity, whose price movements are used to determine the Exercise Settlement Amount on Exercise Date for the Commodity Option.
Commodity option means a European style of commodity option which is automatically exercised on the relevant Calculation Period(s) as specified in the Confirmation. For this purpose, “European” means a style of option pursuant to which the right or rights granted are exercised only on the Expiration Time as defined in the Confirmation for a Transaction.
Commodity option means agreement or transaction subject to regulation under section 4c(b) of the Act;
Commodity option means an “agreement or transaction subject to regulation under section 4c(b) of the [CEA].” Id. § 761(5) (emphasis added).