Futures Trading Glossary
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Source: National Futures Association; published here with permission. This publication (Glossary of Futures Terms - An Introduction to the Language of the Futures Industry)
is the property of the National Futures Association.
Range
The difference between the high and low price of a commodity during a given trading session, week, month, year, etc.
Regulations (CFTC)
The regulations adopted and enforced by the CFTC in order to administer the Commodity Exchange Act.
Reparations
The term is used in conjunction with the CFTC's customer claims procedure to recover civil damages.
Reportable Positions
The number of open contracts specified by the CFTC when a firm or individual must begin reporting total positions by
delivery month to the authorized exchange and/or the CFTC.
Round Turn
a completed futures transaction involving both a purchase and a liquidating sale, or a sale followed by a covering purchase.
Rules (NFA)
The standards and requirements to which participants who are required to be Members of the National Futures Association
must subscribe and conform.
Source: National Futures Association; published here with permission. This publication (Glossary of Futures Terms - An Introduction to the Language of the Futures Industry)
is the property of the National Futures Association.
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