Definitions for "intermarket spread"
The sale of a futures contract of a given delivery month on one exchange and...
A transaction involving the purchase of a future on one asset and the sale of a future in another, usually related asset. For example, purchasing a Brent crude oil future and selling a gas oil future. Such spreads are entered into in order to profit from a change in the price differential between the two products.
A spread using futures contracts in one market spread against contracts in another market. An example would be Kansas City Wheat against Chicago Wheat.