A trade in which an investment or index-equivalent
position is purchased in the cash market and an equivalent futures contract is
sold. The purpose is to profit from a narrowing of the basis. Also called
buying the basis.
"cash-and-carry trade." YourDictionary, n.d. Web. 12 October 2018. <http://www.yourdictionary.com/cash-and-carry-trade>.
cash-and-carry trade. (n.d.). Retrieved October 12th, 2018, from http://www.yourdictionary.com/cash-and-carry-trade
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