Commodity Market Law and Legal Definition
A commodity market is a market where trading in commodities is conducted. Federal laws pertaining to commodity markets and transaction laws are enforced by the Commodity Exchange Authority, a division of the Department of Agriculture. Regulations establish uniform standards for each commodity and the authority controls trading procedures, hours of trading, and maximum permitted daily price movements.
Legal Definition list
Related Legal Terms
- Above the Market
- Acceptable Quality Level [Agricultural Marketing Service]
- Acceptance [Agricultural Marketing Service]
- Accrued Market Discount
- Affiliate of a Futures Commission Merchant, Commodity Trading Advisor, Commodity Pool Operator or Introducing Broker
- After Hours Market
- After-Market Converted Vehicle
- After-Marketing
- Aftermarket
- Aftermarket Conversion System
