Contract Unit
The actual amount of commodities represented by a single futures contract. Investopedia Says:
Different futures contracts have different contract units and measurements. For example, soybean contracts have 5,000 bushels per contract, whereas soybean meal has 100 tons per contract. Related Terms:
Basis
Basis Grade
Buyer's Call
Buyer's Market
Cash Commodity
Cash Price
Cash Settlement
Cost of Tender
Delivery Notice
Delivery Price
Futures Contract |