Skillsfirst Level 5 Diploma in Financial Trading (RQF) - Module 1 - Trading Introduction
Skillsfirst Level 5 Diploma in Financial Trading (RQF) - Module 2 - Financial Products
Skillsfirst Level 5 Diploma in Financial Trading (RQF) - Module 3 - Economic Principles
1 of 2

THE DEFINITION

The contract is to exchange a specified asset of standardized quantity and quality for a price agreed today (the futures price or the strike price)
A futures contract is a standardized contract between two parties.
But with delivery occurring at a specified future date, the delivery date.
The contracts are traded on a futures exchange.

Scroll to Top