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.


Net Liquidating Value

Also known as Net Liquidation Value, is the current value of all holdings in your portfolio. Your net liquidation value reflects how much the contents of your portfolio would be worth if you were to liquidate everything at the current market price. Net liquidating value can be calculated by adding your total cash, plus your market value in longs, minus your market value in shorts. The sum of that equation will provide you with your net liquidating value.