A term referring to cash and futures prices tending to come together (i.e., the basis approaches zero) as the futures contract nears expiration.
A term referring to cash and futures prices tending to come together (i.e., the basis approaches zero) as the futures contract nears expiration.
指的是期货合约接近到期日时，现货和期货价趋于一致(例如，基差接近零)。