Call Rule
A exchange rule whereby the official bidding price for a cash commodity is competitively established at the end of each trading day and held until the opening of the exchange the following trading day. Investopedia Says:
The call rule attempts to reduce overnight volatility by ensuring commodity prices begin trading near the previous day's closing bid. Related Terms:
Ask
At The Market
Bid
Broker Association
Call
Cash Commodity
Circuit Breaker
Commodity |