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.

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.