Convergence
Definition
The tendency for prices of physicals and futures to approach one another, usually during the delivery month. Also called a "narrowing of the basis ".
Related Terms Other terms related to 'Convergence' starting with the letter 'C' Certificated or Certified Stocks, Commercial, C I F, CCC, Crop Year Browse by Letter » A B C D E F G H I J K L M N O P Q R S T U V W Y Z
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