Convergence
Definition
A term referring to cash and futures prices tending to come together (i.e., the basis approaches zero) as the futures contract nears expiration.
Related Terms Other terms related to 'Convergence' starting with the letter 'C' Current Yield, Carryover, Commodity, Concurrent Indicators, Commodity Futures Trading Commission CFTC Browse by Letter » A B C D E F G H I L M N O P R S T U V W Y
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