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Chesapeake also said it bought contracts related to the price of L.S.E.
More specifically, he said, Dell failed to provide repair service to customers who bought contracts for onsite and expedited service.
Simply put, ADT bought contracts -- treating that cost as a capital outlay -- and then required the seller to pay some money back to ADT.
He started out with a profitable bet against the subprime mortgage market, but his team later bought contracts that would allow the firm to profit if the subprime sector stabilized.
Sarao used an automated trading program to spoof markets by generating large sell orders that pushed down prices, and then cancelled the trades and bought contracts at lower prices.
Crude oil rose in electronic trading Thursday for the first time in three days in New York as investors bought contracts after prices fell more than 30percentthisis month.
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Instead, they buy contracts for future delivery.
These funds buy contracts to provide exposure to a commodities market.
It has contracts covering part of its fuel purchases through 2012, and has begun buying contracts for 2013.
Craig Schmeizer, the chief executive, says the holding period is meant to deter speculators from buying contracts in rapidly declining markets.
People used to buy contracts that gave them 15 or perhaps 30 minutes of free calls a month.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com