Значение слова "CRACK SPREAD" найдено в 2 источниках

CRACK SPREAD

найдено в "Financial and business terms"
crack spread: translation

A type of commodity-product spread involving the purchase of crude oil futures and the sale of gasoline and heating oil futures. The CENTER ONLINE Futures Glossary
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A hedge used in the energy futures market to offset the risk of buying (or selling) crude oil with an opposite transaction in the refined products that may be derived from it. Exchange Handbook Glossary

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   A calculation showing the theoretical market value of petroleum products that could be obtained from a barrel of crude after the oil is refined or cracked.


найдено в "Investment dictionary"
Crack Spread: translation

The spread created in commodity markets by purchasing oil futures and offsetting the position by selling gasoline and heating oil futures. This investment alignment allows the investor to hedge against risk due to the offsetting nature of the securities.

The name of this strategy is derived from the fact that "cracking" oil produces gasoline and heating oil. Therefore, oil refiners are able to generate residual income by entering into these transactions. During the summer of 2005, the effects of hurricanes in the Southeastern United States created large volatility in the crack spread.


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