Basis contracts are a type of futures contract where one party pays the other for the future delivery of a specific commodity or security. Target contracts are used to set the price of a particular stock or market index at a certain level, while flat price contracts ensure that all parties agree on the price before the trade is executed.
These terms are often used in financial news articles and discussions about stock listings, trading, and industry-specific news. By understanding these concepts, you can better navigate the world of finance and make informed decisions about your investments.
For more information on stock quotes and market data, visit the websites of Toronto Stock Exchange (TSX) or other reputable financial news sources.