Convergence Price movement seen in a futures contract as it inclines toward the underlying cash commodity’s price. Initially, price is higher in the contract owing to time value. But over time, the two prices merge into one. … [Read more...]
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Convergence Price movement seen in a futures contract as it inclines toward the underlying cash commodity’s price. Initially, price is higher in the contract owing to time value. But over time, the two prices merge into one. … [Read more...]