Futures Contracts definition

Futures Contracts means standardized contracts entered into on domestic or foreign exchanges which call for the future delivery of specified quantities of various assets such as stocks, bonds, agricultural commodities, industrial commodities, currencies, financial instruments, energy products or metals at a specified time and place. The terms and conditions of futures contracts of a particular commodity are standardized and as such are not subject to any negotiation between the buyer and seller. The contractual obligations, depending upon whether one is a buyer or a seller, may be satisfied either by taking or making, as the case may be, physical delivery of an approved grade of commodity or by making an offsetting sale or purchase of an equivalent but opposite futures contract on the same exchange prior to the designated date of delivery. The difference between the price at which the futures contract is sold or purchased and the price paid for brokerage commissions, constitutes the profit or loss to the trader. In market terminology, a trader who purchases a futures contract is “long” in the market and a trader who sells a futures contract is “short” in the market. Before a trader closes out his or her long or short position by an offsetting sale or purchase, his or her outstanding contracts are known as “open trades” or “open positions”. The aggregate amount of open long or short positions held by traders in a particular contract is referred to as the “open interest” in such contract;
Futures Contracts contracts for making or taking delivery of Eligible Commodities that are traded on a market-recognized commodity exchange, which such contracts meet the specification and delivery requirements of futures contracts on such commodity exchange.
Futures Contracts. A futures contract is a contract between two parties where both parties agree to buy and sell a particular asset of specific quantity, at a predetermined price and at a specified date in future. Note that all contracts on our Trading Platform are for “Contracts for Difference” (CFD’s) which are cash settled. The "Sell" And "Buy" rates of CFD’s offered on our Trading Platform are derived from the price of the futures contract. “Guaranteed Stop” means an Order to execute a trade to close an open position at an exact price specified.

Examples of Futures Contracts in a sentence

  • The Client shall give uSMART SG written Instructions to liquidate open Futures Contracts positions maturing in a current month: in the case of open Futures Contracts, regardless of long or short position, at least three (3) Business Days prior to the first notice day or last trading days, whichever is earlier; or by such other time as uSMART SG may notify the Client.


More Definitions of Futures Contracts

Futures Contracts means contracts (including contracts which are not traded on-exchange and which are not readily realisable investments) on and for physical commodities, currencies, mortgage-backed securities, money market instruments, obligations of and guaranteed by the governments of sovereign nations, and any other financial instruments, securities, stock, financial, and economic indices, and items which are now, or may hereafter be, the subject of futures contract trading, futures contracts, options on futures contracts and physical commodities, cash and forward contracts, foreign exchange commitments, deferred delivery contracts, leverage contracts, and other commodity related contracts, agreements and transactions (including contingent liability transactions), and ‘Futures Contract’ shall be construed accordingly.
Futures Contracts means a contract executed on any commodity ,futures or options Exchange or any over the counter Transaction in connection with any such Futures Contract, the effect of which is that: 「期貨合約」指在任何商品、期貨或期權交易所訂立的合約,或者與此類期貨合約相關的場外交易,並按以下情況視為有效:
Futures Contracts means: (1) all instruments: (A) the trading of which is within the exclusive jurisdiction of CFTC (assuming for this purpose that the instruments were traded in the United States regardless of where they are actually traded), (B) which are regulated by the CFTC as futures contracts (assuming for this purpose that such instruments were traded in the United States regardless of where they are actually traded), and (C) which CME has the authority to trade under its articles, by-laws, and rules; and (2) those instruments which, as of September 24, 1997, meet all of the requirements specified in clause (1) of this Subsection (l) but subsequent to September 24, 1997 fail to meet the requirements of clause (1)(A) of this Subsection (l) solely because another U.S. regulatory authority (in addition to, or in substitution of, the CFTC) is given regulatory jurisdiction over such instruments.
Futures Contracts means any exchange-traded derivatives contract under which (a) one party agrees to transfer title to an underlying thing, or a specified quantity of an underlying thing, to another party at a specified future time and at a specified price payable at that future time; or (b) the parties will discharge their obligations under the contract by settling the difference between the value of a specified quantity of an underlying thing agreed at the time of the making of the contract and at a specified future time.
Futures Contracts means a contract made under the rules or conventions of a futures market as defined in the SFO and any other interests, rights or property as may be determined by BOCOM from time to time;
Futures Contracts means: (1) all instruments: (A) the trading of which is within the jurisdiction of CFTC (assuming for this purpose that the instruments were traded in the United States regardless of where they are actually traded), (B) which are regulated by the CFTC as futures contracts (assuming for this purpose that such instruments were traded in the United States regardless of where they are actually traded), and (C) which any CME Entity has the authority to trade under its articles, by‑laws, and rules; and (2) those instruments which, as of September 24, 1997, meet all of the requirements specified in clause (1) of this Subsection (w) but subsequent to September 24, 1997 fail to meet the requirements of clause (1)(A) of this Subsection (r) solely because another U.S. regulatory authority (in addition to, or in substitution of, the CFTC) is given regulatory jurisdiction over such instruments.
Futures Contracts is an agreement to buy or sell a specific quantity of an asset or commodity at a set price at a later time. Futures are available on every category of assets and commodities.