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Future contract

Discuss Future contract within the Financial Management forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; A futures contract can be defined as an agreement to buy or sell a standard quantity of a specific instrument ...

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Sunanda K. Chavan
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Future contract - October 19th, 2010

A futures contract can be defined as an agreement to buy or sell a standard quantity of a specific instrument at a predetermined future date and at a price agreed between the parties through open outcry on the floor of an organized futures exchange.
In other words, a futures contract can be defined as a forward contract that is traded in an organized futures exchange.
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