What does converge mean in trading?

Convergence is the movement in the price of a futures contract toward the spot or cash price of the underlying commodity over time. The price of the futures contract and the spot price will be roughly equal on the delivery date. Is converge blue-chip?

What is convergent price?

Convergence is the movement of the price of a futures contract toward the spot price of the underlying cash commodity as the delivery date approaches. Convergence is the movement in the price of a futures contract toward the spot or cash price of the underlying commodity over time.

Is converge technology solution a good stock to buy?

Is converge technology a good stock to buy? Converge Technology Solutions Corp's analyst rating consensus is a ' Strong Buy. This is based on the ratings of 11 Wall Streets Analysts. (Video) Converge Technology Solution (CTS) Update: How Does It Look Now?

What happens if two prices converge?

The two prices must converge. If not, there is an opportunity for arbitrage and risk-free profit. Convergence happens because the market will not allow the same commodity to trade at two different prices at the same place at the same time.