What is a Futures contract?

A legal contract between two parties aiming to buy or sell, at an agreed-upon future price and date, a particular asset or security is known by the term ‘Futures.’

Commodities like Gold, Soybeans, Crude Oil, Corn, and more are traded most often via futures contracts. Furthermore, currency, Cryptocurrency, interest rate, and Index traders have made Futures contracts popular as well.

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