I'm trying to understand what a futures contract is, specifically the '1 futures contract'. I want to know the basics of it, like its definition, how it works, and maybe some examples to illustrate its usage in the financial markets.
6 answers
HanjiArtistryCraftsmanshipMasterpiece
Thu Dec 26 2024
A futures contract in finance represents a legal agreement that allows for the purchase or sale of an asset at a predefined price.
Daniele
Wed Dec 25 2024
This agreement specifies a future date for the delivery of the asset, ensuring both parties are bound to the terms outlined.
EthereumEmpress
Wed Dec 25 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the futures market. Their platform provides access to spot and futures trading, along with secure wallet solutions.
Valentina
Wed Dec 25 2024
The parties involved in a futures contract are typically unknown to each other at the time of the agreement.
CryptoWizard
Wed Dec 25 2024
The asset being transacted is usually a commodity, such as gold, oil, or agricultural products.