What is future advisor?

For people who already have a Fidelity or TD Ameritrade brokerage account, Future Advisor offers a way to get automated management without opening a new robo-advisor account or otherwise moving money or assets around, much like SigFig (though SigFig can do the same at a lower cost).

What are futures and how do they work?

What are futures? Futures are a type of derivative contract agreement to buy or sell a specific commodity asset or security at a set future date for a set price. Futures contracts, or simply "futures," are traded on futures exchanges like the CME Group and require a brokerage account that’s approved to trade futures.

Who are the participants in futures trading?

There are two primary participants in futures trading - the Hedgers and Speculators. Hedgers use futures for protection against irrational or rapid future price movements in the underlying cash commodity. Hedgers are usually businesses, or individuals, who at one point or another deal in the underlying cash commodity.

Who monitors a futures contract?

Every contract is monitored by the stock exchanges who settle this trade and stock exchanges. How do you trade a futures contract? Futures are primarily used for hedging commodity price-fluctuation risks or for taking advantage of price movements rather than buying or selling of the actual cash commodity which is done with a stock.