Futures In Finance – All You Need To Know Now:
Futures in finance are financial contracts that bind the buyer to acquire an item or the seller to sell an asset on a specific date at a fixed price (known as the futures price). These contracts are standardized and exchanged on well-established exchanges. They enable market players to bet on an asset’s future price movement or to hedge against prospective losses. Uses for the future: a) Hedging is one of the most common uses[…]