Futures: Difference between revisions
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imported>Doug Williamson m (Spacing 27/8/13) |
imported>P.F.cowdell@shu.ac.uk m (Categorise the page) |
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Revision as of 20:08, 17 August 2014
Exchange traded contracts used for either hedging or speculating in relation to outturn market rates on a prespecified date in the future.
Because futures contracts are exchange traded they involve standard amounts and standard expiry dates.
They also require a refundable up-front security payment (initial margin) and subsequent variation margin adjustments.