What is the meaning of Narrowing?

Narrowing is the movement towards convergence between the cash and futures market or the cash and forwards market. Here, the price or interest rate differentials are becoming smaller over time between the comparative delivery dates.

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APABarry Goldsmith. (2010). narrowing. Retrieved September 22, 2026, from http://smartdefine.org/narrowing/definitions/1158728
ChicagoBarry Goldsmith. 2010. "narrowing" http://smartdefine.org/narrowing/definitions/1158728 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, narrowing, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/narrowing/definitions/1158728>.
MLABarry Goldsmith. "narrowing" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/narrowing/definitions/1158728>
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