Futures

From ACT Wiki
Revision as of 12:45, 3 August 2018 by Doug Williamson (Talk | contribs) (Link with Future-proof page.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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.


See also