Derivatives - B

Back-months
Futures or options on futures months being traded that are furthest from expiration.
Bear
Person who believes prices will move lower
Bear Market
Market in which prices are moving lower.
Beta
Hedge Funds: market exposure
Bid
Price that market participants are willing to pay.
BlocSec
An electronic crossing network created to provide institutional investors with optimised execution for their Asian block trades, minimising both transaction costs and market impact. As a dark pool of liquidity, BlocSec gives traders the ability to place orders with complete anonymity, allowing zero information leakage into the market.
Bull
Person who believes prices will move higher
Bull Market
Market in which prices are moving higher.
Buy on Close
Buy at the end of a trading session at a price within the closing range.
Buy on Opening
Buy at the beginning of a trading session at a price within the opening range.