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.


Financial Instrument

There are two basic types of financial instruments: a debt instrument (which is a loan with an agreement to pay back funds with interest) and an equity security (which is a share or stock in a company).