Futures Spread.

A futures spread is the difference in the price of two related futures contracts. For example, the price of oil futures may be different in two different months. A futures spread allows traders to bet on the direction of the price difference between the two contracts. If the trader believes the price of oil will … Read more

Real Estate Mortgage Investment Conduit (REMIC).

A real estate mortgage investment conduit (REMIC) is a type of special purpose vehicle that is used to pool together mortgage loans and then sell securities backed by those loans. The loans are typically originated by a single lender or a group of lenders and then sold to the REMIC. The REMIC issues several classes … Read more