The minimum amount of cash and liquid assets as a percentage of demand deposits and time deposits that member banks of the Federal Reserve are required to maintain

An agreement between a seller and a buyer, usually in U.S. government securities, in which the seller agrees to buy back the security at a later date.

One method of quoting exchange rates, which measured the U.S. dollar value of one foreign currency unit, i.e., U.S. dollars per foreign units. See European Terms.

The price span during a given trading session, week, month, year, etc.

A level above which prices have had difficulty penetrating.

The sale of soybean futures and the simultaneous purchase of soybean oil and meal futures. See Crush Spread

Messengers who rush orders received by phone clerks to brokers for execution in the pit.