Sorry, something has gone wrong. Best Answer: The Enhanced Fujita Scale, or EF Scale, is the scale for rating the strength of tornadoes in the United States estimated via the damage they cause.
DEFINITION of 'Basis Trading'. An arbitrage trading strategy that aims to profit from perceived mispricing of similar securities.
Corn prices in the ports are normally quoted as basis levels in relation to the futures traded on the CBOT. Basis levels tend to be more static than flat prices and correct for location specific factors. Basis trading makes it easier for commodity traders to hedge their corn prices.