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U.S. Commodity Futures Trading. meaning of any word or term and no definition is intended to state or suggest the Commission’s views concerning any trading.Capital Markets Commodities. Don’t expect the well-worn market patterns. Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD.Basis is the difference between the local cash price of a commodity and the price of a specific futures contract of the same commodity at any. Understanding Basis. 3.
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