c

 c


The agent of a broking firm or commission house who serves customers by
entering their commodity futures and options orders, reporting trade executions,
advising on trading strategies, general market information etc.

 c

In the metals markets, the nearest base contract month that is not the current
delivery month. The base months for each metals future are defined by each
individual contract.

 c
Physical cash commodities as opposed to futures contracts.

 c
Alternative Delivery Procedure. A provision of a futures contract that allows buyers
and sellers to make and take delivery under terms or conditions that differ from
those prescribed in the contract. An ADP may occur at any time during the delivery
period, once long and short futures positions have been matched for the purpose
of delivery.

 cc
American Gas Association. Major natural gas industry trade association, based in
Alexandria, Virginia. AGA conducts technical research and helps create standards
for equipment and products involved in every facet of the natural gas industry. It
also compiles statistics, which are considered industry standards.

 c

An order, which must be filled in its entirety or not at all.

 c

An option contract that may be exercised at any time prior to expiration. This differs
from a "European option," which may only be exercised on the expiration date. The
Exchange options contracts are "American."

 c 
American Petroleum Institute. The primary U.S. oil industry trade association,
based in Washington, D.C. API conducts research and sets technical standards for
industry equipment and products from wellhead to retail outlet. It also compiles
statistics, which are regarded as industry benchmarks.
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Armored carriers approved by the Exchange for the transportation of gold,
platinum, and palladium.
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The simultaneous purchase of one commodity against the sale of another in order
to profit from fluctuations in the usual price relationships. Variations include the
simultaneous purchase and sale of different delivery months of the same
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commodity; and of different commodities.

c$(
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c$$)
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c$$'

The process by which the seller of an option is notified of a buyer's intention to
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