| About Futures |
A futures contract is a legally binding agreement made between two
parties to buy or sell a commodity (including a financial commodity)
at an agreed price, on a specified date. Futures contracts are
based on a standardised quality and quantity of the commodity.
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| About Options |
An option is the right, but not the obligation, to buy (call options)
or sell (put options) a fixed amount of a given stock or a
fixed number of commodity contracts, at a specified price,
within a specified time period.
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