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To: TTOSBT who wrote (9864)4/15/1998 6:17:00 PM
From: Neil Booth  Read Replies (1) | Respond to of 10836
 
"Roll" is terminology normally associated with futures trading, meaning transferring your open interest from the near contract to the next contract.

"Spread" is a very broad term, used for futures, options, swaps, commodities and anything, and tends to mean nothing more than "buy something at the same time as selling something else".

Neil.