This Glossary is a non-exhaustive list of the key terms used in commodities trading.
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Because they derive their value from something other than themself.


Domestic Market Obligations “Under the DMO, miners must supply a quarter of their annual production to the local market at... View Article

Documentary credit

An undertaking by the issuing bank to make payment to a named beneficiary, usually the seller of goods, against delivery... View Article


Days to Expiration refers to the number of days until an option or futures expires


Drilled but uncompleted wells