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Crack
(redirected from cracking a bottle)

   Also found in: Dictionary/thesaurus, Medical, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Crack
A trading strategy used in energy futures to establish a refining margin.

Notes:
By simultaneously purchasing crude oil futures and selling petroleum product futures, a trader is attempting to establish an artificial position in the refinement of oil, created through a spread.



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