Inverted market situation in commodities and foreign exchange trading, where the prices for deliveries in the near future (spot prices) are higher than those for later deliveries. Occurs usually because of shortages caused by excess of demand over supply. Opposite of contango.

Popular 'Commodities & Precious Metals Trading' Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z