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- Futures contract guide
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Your futures contract is a financial contract in which two parties agree to transact a set of financial instruments or physical commodities for future deliver at a particular price. When you buy a futures contract, you are simply agreeing to buy a commodity that has seller has not yet produced at a set price. The future date is called the delivery date or the final settlement date. And the official price of the contract at the end of the day’s trading session on the exchange is called as the settlement price.
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Original Source: networthmasters.com
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28 November, 2008| Fundamental Analysis |
@ 6:20
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