Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does closeout mean?

SEARCHING
Suggestion/Report Error
closeout
Noun

A new futures or forward position that is opposite an open position, established for the purpose of canceling the open position, which is achieved by longs selling and shorts buying a contract of the same delivery month bought and sold in the opening transaction, respectively.

Synonym(s): 
  • offset.
top
© 2015-2020 Pecunica LLC.  All rights reserved.
;