GLOSSARY OF TERMS
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W

Warehouse A warehouse that is exchange approved for delivery.
Warehouse receipt A document indicating a specific contract and location information of a commodity in storage; commonly used as the instrument of transfer of ownership in both cash and futures transactions.
Warehouse transfer A form used to release or transfer a product or commodity to a buyer.
WebLogic A leading e-commerce online transaction processing platform, developed to connect users in a distributed computing environment and to facilitate the integration of mainframe applications with distributed corporate data and applications.
Who-Who An entry on a trade record indicating an unknown opposite broker or house. Another member should not pick up this trade unless he is looking for the opposite side of a trade submitted for clearing.
With discretion (DISC) or (DRT) A note on an order telling the floor broker to use his or her own good judgment in filling the order.
Writer A seller of an option. See also grantor.
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