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Basis Quote |
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Basis Quote In futures contracts, a quote for a contract made with reference to another contract. For example, if a contract with expiry in June is $15 and another contract with expiry in September is $20, the basis quote for the September contract is June expiry + $5. Theoretically, basis quotes consolidate and make quoting futures contracts easier. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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