FUTURES CONTRACT


Meaning of FUTURES CONTRACT in English

A standardized and binding agreement to buy or sell a predetermined quantity and quality of a specified commodity at a future date. Standardization of the contracts enhances their transferability. Futures contracts can be traded only by auction on exchanges registered with the CFTC.

A guide to futures and options market technology English dictionary.      Английский словарь-руководство по фьючерсам и опционам рыночных технологий .