Terminal market
Appearance
A terminal market is a central site, often in a metropolitan area, that serves as an assembly and trading place for commodities. Terminal markets for agricultural commodities are usually at or near major transportation hubs.[1]
The term is also used for markets in other commodities such as metals and bullion.[2]
References
- ^ This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.
- ^ "HMRC Notice 701/9 (March 2002) Derivatives and terminal markets". March 2002.