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Financial terms in "Futures"

1. NFA

2. non-equity option

3. fixation

4. grading certificate

5. futures pack

6. unlimited risk

7. commodity option

8. most distant month

9. energy derivatives

10. derivative market

11. backpricing

12. certificated stock

13. Market Basket

14. exchange of spot

15. commodity prices

16. denomination

17. commodity paper

18. New York Stock Exchange

19. Chicago Mercantile Exchange

20. roll yield

21. covered interest rate arbitrage

22. nearest month

23. Cash settlement

24. LIFFE

25. speculative position limits

26. COMEX

27. forward forward

28. reporting level

29. Rating service

30. Malaysia Commodity Exchange (MCE)

31. futures price

32. London Metal Exchange

33. Malaysia Derivatives Exchange (MDEX)

34. Commodity Research Bureau Index (CRB)

35. amortized value

36. cost-of-carry market

37. Tokyo Grain Exchange (TGE)

38. commodity contract

39. intermarket spread

40. crude

41. Listing

42. Inspection

43. primary instrument

44. futures equivalent

45. basis trading

46. Daily trading limit

47. Eurex US

48. forward points

49. life of contract

50. normal market

51. Unlisted

52. Futures Industry Association

53. London spot fix

54. National Futures Association

55. hedge ratio

56. commodity pool operator

57. Commodities Exchange Center

58. automated pit trading

59. International Commodities Clearing House

60. currency futures option

61. deferred month

62. convergence

63. financial futures

64. interest rate futures

65. Restricted security

66. single stock futures

67. dry bulk commodity

68. FUTOP

69. Purchase and Sale Agreement

70. digested security

71. Commodities Futures Exchange

72. buying basis

73. pit broker

74. futures

75. commodity ETF

76. Commodity Exchange

77. split close

78. uncertainty

79. chasing the market

80. CTA

81. parity price

82. commodity trading

83. BUGS Index (HUI)

84. fluctuation limit

85. Commitments of Traders (COT)

86. gold

87. forex futures

88. limit up

89. CFTC

90. commodity money

91. delivery instrument

92. adjusted futures price

93. Derivative

94. gas

95. value spot

96. Actuals

97. Commodity Futures Modernization Act of 2000

98. worth

99. political futures

100. Commodities Exchange Inc. (COMEX)

Note: Maximum 100 records reached. Please narrow your search.

Featured term of the day

Definition / Meaning of

Custodial Account

Categories: Mutual Funds, Banking, Brokerages,

If you want to make investments on a minor's behalf, or transfer property you own to that person, you can open a custodial account with a bank, brokerage firm, mutual fund company, or insurance company.You name an adult custodian for the account - either yourself or someone else - who is responsible for managing the account until the child reaches the age of majority. That age may be 18, 21, or 25 depending on the state and the type of account you choose. At majority, the child has the legal right to control the account and use the assets as he or she chooses.There may be some tax advantages in transferring assets to a minor. If the child is under 18, investment earnings above a specific level that Congress sets each year are taxed at the parents' marginal tax rate. But if the child is 18 or older, all investment earnings are taxed at the child's rate - again, typically the lowest rate. In addition, gifts you make to the account are no longer part of your estate, which may reduce vulnerability to estate taxes. However, it's wise to review your plans with your legal and tax advisers.One drawback of a custodial account is that the assets are considered the property of the child, and may reduce the amount of financial aid the child qualifies for when he or she enrolls in a college or university.

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5. Sublimit
6. ConsensusDOCS
7. Contingent Commission
8. Pension Protection Act Of 2006
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10. Cash Forward Contract

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