Standardized legal agreement to buy or sell something (usually a commodity or financial instrument) at a predetermined price (“forward price”) at a specified time (“delivery date”) in the future
Futures contract ▸ Facts ▸ Comments ▸ News ▸ Videos
In finance, a futures contract is a standardized forward contract, a legal agreement to buy or sell something at a predetermined price at a specified time in the future, between parties not known to each other. The asset transacted is usually a commodity or financial instrument. The predetermined price the parties agree to buy and sell the asset for is known as the forward price. The specified time in the future—which is when delivery and payment occur—is known as the delivery date. Because it is a function of an underlying asset, a futures contract is a derivative product.
You Might Like
|Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy|
|© 2019 One News Page Ltd. All Rights Reserved.|
|About us | Contact us | Disclaimer | Press Room | Terms & Conditions | Content Accreditation|
RSS | News for my Website | Free news search widget | In the News | DMCA / Content Removal | Privacy & Data Protection Policy
How are we doing? Send us your feedback | LIKE us on Facebook FOLLOW us on Twitter • FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.