Bid-Ask Spread of a Leverage Contract Law and Legal Definition
According to 17 CFR 31.4 [Title 17 -- Commodity and Securities Exchanges; Chapter I -- Commodity Futures Trading Commission; Part 31 -- Leverage Transactions], bid-ask spread of a leverage contract means “the difference between a leverage transaction merchant's ask price and bid price.”
Legal Definition list
- Bid Wanted
- Bid Shopping
- Bid Sample
- Bid Price of a Leverage Contract
- Bid Price
- Bid-Ask Spread of a Leverage Contract
- Bid-to-Cover Ratio
- Bidder Identification Number
- Bids
- Biennial Session
- Bifurcate