Contango/forwardation: related pages

Backwardation is the opposite of forwardation; it occurs when the price of the future is less than the spot price of underlying commodity.

The interest rate parity relationship that can be derived from assuming no covered interest arbitrage.

The idea that money is worth more if received sooner rather than later.

A contract for difference on the value of an index; a derivative that offers geared access to movements in the market.