an investment in the cash markets, such as wheat or S&P 500 futures, and
then selling a futures position in an attempt to profit from a narrowing of the
basis. Also called cash-and carry trade.
"buying the basis." YourDictionary, n.d. Web. 16 January 2019. <https://www.yourdictionary.com/buying-the-basis>.
buying the basis. (n.d.). Retrieved January 16th, 2019, from https://www.yourdictionary.com/buying-the-basis
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