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My favorite is still SMA - standard moving average and FIFO = First In First Out. This latter one, obviously, is not exclusive to futures trading... or trading at all for that matter.
When I first saw "OTF" (other time frames = big money, strong hands), I thought it meant the "other" "OTF" (opportunity to f*ck) ... I still think either one works
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,207
ATM - At the Money ATR - Average True Range, a technical indicator measuring market trading range
CAGR - Compound Annual Growth Rate CFD - Contract For Differences
CH - Clearing House
COB - Close of Business CTA - Commodity Trading Advisor
EFP - Exchange for Physical
EFS - Exchange for Swap
EMA - Exponential Moving Average FCM - Futures Commission Merchant FIFO - First in First Out
G7 - Group of 7 - U.S., U.K., France, Germany, Italy, Canada and Japan HFT - High Frequency Trading
IB - "Introducing Broker" a broker that does business on behalf of another broker,"Investment Bank", also "Interactive Brokers" a large US based broker. ITM - In The Money
LIBOR - London Interbank Offered Rate
LIFO - Last in First Out
MACD - Moving Average Convergence Divergence, a popular technical indicator
MM - Market Maker
MTM - Mark to Market
OHLC - Open High Low Close
OAS - Option Adjusted Spread
OI - Open Interest OTM - Out of the Money
PV - Present Value
ROI - Return on Investment
RSI - Relative Strength Index, a popular technical indicator SMA - Simple Moving Average TAS - Trade At Settlememt
TT - Trading Technologies a software Vendor
Futures Exchanges CBOE - Chicago Board Options Exchange. A Chicago based options exchange. CBOT - Chicago Board of Trade, now part of the CME Group. A Chicago based exchange.
CME - Chicago Mercantile Exchange
COMEX - "Commodity Exchange Inc" a divsion of NYMEX, now part of the CME Group. A NY based exchange focused on trading Metals Futures
ICE - Intercontinental Exhange, an Atlanta GA based company original focused on Energy & Metals trading, that bought the "Internation Petroleum Exchange" [IPE] in London(Brent & Gasoil Futures), New York Board of Trade [NYBOT] and more recently NYSE Euronet.
KCBT - Kansas City Board of Trade, now part of the CME Group.
LCH - London Clearing House
LIFFE - London International Financial Futures & Option Exchange. London based futures exchange bought by NYSE Euronet and then by ICE
LME - London Metals Exchange
MGEX - Minneapolis Grain Exchange
NYBOT - New York Board of Trade, now part of ICE. A NY based exchange focused on Ag Futures.
NYMEX - New York Mercantile Exchange, now part of the CME Group. A NY based exchange focused on US Energy Futures.
SIMEX - Singapore International Monetary Exchange
Currencies
AUD - Australian Dollar
BRL - Brazilian Real
CAD - Canadian Dollar
CZK - Czech Republic Koruna
EUR - European Union Euro
GBP - British Pound
ILS - Israel Shekel
ISK - Iceland Krona
JPY - Japanese Yen
MXN - Mexico Peso
NOK - Norway Krone
NZD - New Zealand Dollar
SEK - Sweden Krona
USD - US Dollar
ZAR - South Africa Rand
Energy Specific
BBL - Barrel
BTU - British Thermal Unit BOE - Barrel of Oil Equivalent
CPG - cents per Gallon
DFL - Dated Front Line, meaning the spread between Dated Brent & Front Month Brent
ERCOT - Electric Reliability Council of Texas
GAL -Gallon
HSFO - High Sulfur Fuel Oil
ISO - Independent System Operator
L3D - Last 3 Day
LGO - London Gasoil
LNG - Liquified Natural Gas
LSFO - Low Sulfur Fuel Oil
MMBtu - One Million Btu's, unit of trade for the NYMEX Natural Gas Contract, $/MMBtu
MT - Metric Ton
MW - MegaWatt
MWHr - MegaWatt Hour
NEPOOL - New England Power Pool
NG - Natural Gas
NYH - New York Harbor
NYISO - New York ISO OPEC - Organization of Petroleum Exporting Countries
PMT - per Metric Ton
PV - Palo Verde
PJM - Pennsylvania Jersey Maryland
RBOB - Reformulated Gasoline Blendstock for Oxygen Blending, the basis of the NYMEX Gasoline contract
VGO - Vacum Gasoil
WTI - West Texas Intermediate - the crude delivered at Cushing OK that is the basis of the NYMEX Light Sweet Crude Oil Contract.
