- intercommodity spread
- The purchase of a given delivery month of one futures market and the simultaneous sale of the same delivery month of a different, but related, futures market. Chicago Board of Trade glossary————In the commodities ( commodity) market, a spread consisting of a long position and a short position in different but related commodities ( commodity) for example, speculating that the price relationship between the two commodities ( commodity) will change, e.g., platinum and gold. Bloomberg Financial Dictionary————The purchase of a given delivery month on one futures market and the simultaneous sale of the same delivery month on a different futures market. Exchange Handbook Glossary
Financial and business terms. 2012.