Second Nearby Futures Contract definition
Second Nearby Futures Contract means the Futures Contract with the second closest settlement date.
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Related to Second Nearby Futures Contract
Futures Contract means a Financial Futures Contract and/or Stock Index Futures Contracts.
Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.
Futures Contract Option means an option with respect to a Futures Contract.
Stock Index Futures Contract means a bilateral agreement pursuant to which the parties agree to take or make delivery of an amount of cash equal to a specified dollar amount times the difference between the value of a particular stock index at the close of the last business day of the contract and the price at which the futures contract is originally struck.
Sales Contract means any contract under which the trader transfers or undertakes to transfer the ownership of goods to the consumer and the consumer pays or undertakes to pay the price thereof, including any contract having as its object both goods and services;