Futures


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Futures

Contracts that promise to purchase or sell standard commodities at a forthcoming date and at a fixed price.

This type of contract is an extremely speculative transaction and ordinarily involves such standard goods as rice or soybeans. Profit and loss are based upon promises to deliver—as opposed to possession of—the actual commodities.

See: portfolio
References in classic literature ?
Nothing that science can say will ever decrease the marvel of a long-distance conversation, and there may come in the future an Interpreter who will put it before our eyes in the form of a moving-picture.
There are many reasons to believe that for the practical idealists of the future, the supreme study will be the force that makes such miracles possible.
There is therefore no immediate danger that the art of telephony will be less fascinating in the future than it has been in the past.
There still remains for some future scientist the task of showing us in detail exactly what the telephone current does.
Here is an Eldorado for the scientists of the future, and whoever can first map it out will go far toward discovering the secret of telephony.
But these random guesses as to the future of the telephone may fall far short of what the reality will be.
The future! Who could see the faintest glimmer of it?
In July 2019--its third month of trading--volume in the four Micro E-mini futures, based on the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial indexes, averaged 483,323 contracts a day, according to CME data.
Taiwan futures exchange reached its first milestone of trading over 100 million contracts in 2006, and it continued the growth momentum the following years and exceeded 300 million contracts in 2018 for the first time.
The launch of Bitcoin futures at CBOE is set to be followed by its cross-town rival, the Chicago Mercantile Exchange (CME) Group, which plans to launch its own version of Bitcoin futures trading on December 18.
According to a press release issued here on Wednesday, the working sessions were designed and delivered by Professor Sohail Inayatullah, UNESCO Chair of Futures Studies.
AGAHI in pursuant to its work on futures research in collaboration with its academic partner Dadabhoy Institute of Higher Education organized the sessions focused on Karachi Futures'.