-
1 Cotton Futures
When a spinner books a large order for yarn, with delivery extending to, say, three or four months, he will base the cost on the days' price of cotton, and to cover himself against loss he ought to buy enough cotton to complete the order. If for some reason he cannot buy all " spot " he will buy " futures " as a cover pure and simple. Suppose 600 bales are required, then he may buy 200 July, 200 August, and 200 September. Thus he does not buy any actual cotton; the deal is only on paper, but the spinner has covered his requirements to complete his order, and at the price quoted when he buys. When he wants the cotton he sells his " futures " and buys " spot " or actual cotton. -
2 Futures
This is a cotton-buying term referring to the practice of cotton merchants, spinners and manufacturers buying cotton against contingencies as a cover or protection against unfavourable fluctuations in the prices of cotton. The selling of "cotton futures "has three main functions. First, it enables the cotton planter to sell cotton and secure a favourable price while the cotton is still growing. Secondly, futures may be sold by cotton importers as a " hedge " against shipments. Thirdly, future may be sold by spinners and manufacturers as a " hedge " to insure against unsold and possibly accumulating stocks of yam and cloth (see Spot Cotton) -
3 Cotton (Call)
Buying " Call cotton " is a method of hedging cotton without any commission for the selling of " Futures." Thus a spinner buys cotton for six months ahead, say, 100 bales each for the months January to June, all bales are bought at a certain number of points on or off for the month of delivery. As he sells yarn he fixes the necessary bales at the " future " price, including points on or off. The cotton is called within a certain date. -
4 Basis Cotton
In the raw cotton market denotes " points on " or " points off " futures, or the difference between the price of futures and that of any particular quality of actual cotton. Thus, if futures are at 6.75 d. (Jan./36) and the particular cotton required is 7.10 d. per lb., the basis is 35 " points on." -
5 Call Cotton
Actually a short-time system of futures buying of cotton. There is a very short time fixed between the buying and the completion of contract. -
6 контрактация хлопка на срок
Русско-английский текстильный словарь > контрактация хлопка на срок
-
7 Hedging
A cotton buying term for an insurance against spot transactions made for buying cotton for future delivery, and is accomplished by the purchase or sale of cotton futures. -
8 контрактация хлопка на срок
Textile: cotton futuresУниверсальный русско-английский словарь > контрактация хлопка на срок
-
9 Bears
Speculators in raw cotton who are " short," that is, have sold actual cotton or futures, which they do not hold, in the expectation that the price will fall, thus enabling them to buy cotton to cover their sales at a lower price (see Bulls) -
10 Bulls And Bears
To be a " bull " means that a man is expecting everything that is bad to happen to the crop of cotton; he will say the crop is small, that it is inferior in quality, will exaggerate the probable demand and underrate the stocks in port; in fact, do almost anything to force up prices. The " bear " is just the opposite and he always looks on the bright side and expects low prices. Thus the " bull " buys cotton or futures which he does not intend to hold; he expects the price to rise so that he can sell at a higher figure (see Bears) -
11 Bolsa del Algodón de Nueva York
• New York Coffee and Sugar Exchange• New York Cotton Exchange• New York Futures ExchangeDiccionario Técnico Español-Inglés > Bolsa del Algodón de Nueva York
См. также в других словарях:
Cotton Futures Act — The Cotton Futures Act of 1914 authorized the United States Department of Agriculture to establish physical standards as a means of determining color grade, staple length and strength, and other qualities and properties for cotton. It was… … Wikipedia
Cotton Futures Act of 1916 — The Cotton Futures Act of 1916 required the principal, meaning the exact type and grade of cotton, be given to the government upon sale at a cotton exchange, so that the USDA could keep track of what was being grown and where. Categories: United… … Wikipedia
futures — Commercial contracts calling for the purchase or sale of specified quantities of a good at specified future dates. The good in question may be grain, livestock, precious metals, or financial instruments such as treasury bills. Up until the time… … Universalium
Cotton — For other uses, see Cotton (disambiguation). Cotton Hi … Wikipedia
Futures contract — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
Cotton States League — The Cotton States League[1] name was used five different times in baseball history. The first Cotton States League ran from 1902 through 1908 as a class D league. After the league shut down, another Cotton States League was reformulated in 1910,… … Wikipedia
futures — Contracts for the sale of securities, such as bonds and stocks, or of certain commodities, such as grain and cotton, which call for delivery at a future time, the value of such a contract fluctuating with changes in the market value of the… … Ballentine's law dictionary
New Orleans Cotton Exchange — Building U.S. National Register of Historic Places U.S. National Historic Landmark … Wikipedia
List of United States Supreme Court cases on commodity and futures regulation — This is a chronological list of significant US Supreme Court cases in the area of commodity and futures regulation.* Ware Leland v. Mobile County, 209 U.S. 405 , 28 Sup. Ct. 526, 14 Ann. Cas. 1031 (1908). Contracts for the sales of cotton for… … Wikipedia
ICE Futures US — New York Board of Trade (NYBOT), Нью Йоркская торговая палата ICE Futures US с сентября 2007 года, находящейся в полной собственности IntercontinentalExchange. Это рынок, на котором торгуются фьючерсы и опционы сельскохозяйственных товаров.… … Финансовый словарь
ICE Futures U.S. — ICE Futures U.S. Rechtsform Tochtergesellschaft der IntercontinentalExchange Gründung 10. Juni 2004 Sitz New York, Vereinigte Staaten Leitung Jeffrey C. Sprecher (CEO) … Deutsch Wikipedia
