The locational basis of a hub is its price minus the price of a reference hub (in the United States, Henry Hub) for the same delivery period. It is traded as basis swaps and futures.
Quantitative Finance · Glossário
Quantitative Finance · Glossário
The locational basis of a hub is its price minus the price of a reference hub (in the United States, Henry Hub) for the same delivery period. It is traded as basis swaps and futures.