TOC
Futures learning notes 001
Futures
Futures are derivate financial contract that obligate the parties to transact an asset at a predetermined future date and price.
The buyer must purchase or the seller must sell the underlying asset at the set price, regardless of the current market price at the expiration date.
futures can exchange in Shanghai Futures Exchange
Shanghai Futures Exchange can exchange follow futures:
Copper, Copper(BC), Lead, Zinc, Aluminium, Nickel, Tin
Crude oil, Low Sulfur fuel oil, Fuel oil, Asphalt, rubber, 20-Rubber,
Gold, Silver
REFERENCE: https://www.investopedia.com/terms/f/futures.asp
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