On commodity exchanges, the rule that the official bid price for immediately deliverable goods (actuals, cash commodities) is established at the level that emerges at the end of the exchange as a result of the interaction of supply and demand. This price is then valid until the opening of a new exchange session (exchange regulation under which an official bid price for a cash commodity is established at the close of each day’s trading; it holds until the next opening of the exchange). – See Actuals, exchange, call, commodity fund, commodity futures contract, sentiment, substitutability, securities exchange.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: email@example.com