Outrageously Funny Word Dictionary :: Contangoes

👉 Contango refers to a situation where two or more parties are engaging in an exchange of futures contracts, which are derivatives instruments traded on exchanges. In this context, "contango" means that the prices for these futures contracts tend to be higher than the prices at which they would trade if the underlying commodity were not traded. This phenomenon is characterized by a high level of volatility and complexity in the market, as both buyers and sellers can easily move their positions at any time without affecting each other's trades

contangoes