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18:30 Sep 7, 2011
English to Russian translations [PRO] Bus/Financial - Economics
English term or phrase:Component contracts
The crack spread is traded as a differential, but after trading the component contracts are priced.
Explanation: Исходя из нижеследующих объяснений, становится понятно, что имеются в виду контракты на поставку нефтепродуктов.
Крек-спрэд - Покупка или продажа сырой нефти с одновременной продажей или покупкой нефтепродуктов.
Crack spread is a term used in the oil industry and futures trading for the differential between the price of crude oil and petroleum products extracted from it - that is, the profit margin that an oil refinery can expect to make by "cracking" crude oil (breaking its long-chain hydrocarbons into useful shorter-chain petroleum products).