Contango and Ringgit: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Doug Williamson
m (Add category.)
 
Line 1: Line 1:
In futures or options trading, a market in which longer-term contracts have a higher market price than near-term contracts.
The main currency unit of Malaysia, divided into 100 sen.
The premium attached to longer maturities is a normal condition of markets, reflecting the cost of carry of the commodity (for the contracted future delivery). The further into the future the final maturity date, the higher the price of the contract.
That usual pricing relationship is known as contango.  


If - unusually - the opposite is true, and the price of a longer-term contract is lower than the price of a related one with an earlier maturity date, the pricing relationship is known as backwardation.
Its ISO currency code is MYR.


== See also ==
* [[Backwardation]]


==See also==
* [[ISO currency codes]]
* [[MASB]]
[[Category:The_business_context]]

Latest revision as of 10:38, 11 April 2018

The main currency unit of Malaysia, divided into 100 sen.

Its ISO currency code is MYR.


See also