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What Is Futures Contract In Futures And Options Trading Market? |
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Answer» Futures Contract in Futures and Options TRADING Market is a legally binding agreement, made on the trading floor of a futures exchange, to buy or sell a COMMODITY or financial instrument sometime in the future. Futures contracts are STANDARDIZED according to the quality, quantity, and DELIVERY TIME and location for each commodity. The only variable is price, which is discovered on an exchange trading floor. Futures Contract in Futures and Options Trading Market is a legally binding agreement, made on the trading floor of a futures exchange, to buy or sell a commodity or financial instrument sometime in the future. Futures contracts are standardized according to the quality, quantity, and delivery time and location for each commodity. The only variable is price, which is discovered on an exchange trading floor. |
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