Investment Terms: N
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This article is from the Investment
Terms.
Investment Terms: N
- National Futures Association (NFA):
An industrywide,
industry-supported, self-regulatory organization for futures and
options markets. The primary responsibilities of the NFA are to
enforce ethical standards and customer protection rules, screen
futures professionals for membership, audit and monitor professionals
for financial and general compliance rules, and provide for
arbitration of futures-related disputes.
- Nearby (Delivery) Month:
The futures contract month
closest to expiration. Also referred to as spot month.
- Negative Yield Curve:
See Yield Curve.
- Notice Day:
According to Chicago Board of Trade rules,
the second day of the three-day delivery process when the clearing
corporation matches the buyer with the oldest reported long position
to the delivering seller and notifies both parties. See First Notice Day.
 
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