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Investments glossary

Look-Alike Contracts


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— George Washington Carver

Look-alike contracts are a cash-settled financial product based on the settlement price of a similar, exchange-traded futures contract. Look-alike contracts are traded over the counter and they carry no risk of actual physical delivery regardless of the terms of the underlying futures contract. Futures look-alike contracts are regulated by the Commodity Futures Trading Commission (CFTC).


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