Welcome to the RJO Futures trading terms glossary. Within this glossary, you will find an expansive list of trading terms covering commodity, option, and futures trading terminology. Bookmark this section as a quick reference for definitions of trading terms as you browse the Internet and our site for more information on futures and options trading within the financial and commodities markets.

C

Conversion Factor

Used to equate the price of Treasury bond and Treasury note futures contracts with the various cash Treasury bonds and Treasury notes eligible for delivery.