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.
Warehouse Receipt
A document guaranteeing the existence and availability of a given quantity and quality of a commodity in storage;
commonly used as the instrument of transfer of ownership in both cash and futures transactions.
Wire House
See Futures Commission Merchant.
Writer
See Grantor.
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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