Futures definition

Futures means a futures contract which gives the buyer the obligation to purchase a specific asset, and the seller to sell and deliver that asset at a specific future date, unless such contract is terminated prior to such date for any reason;
Futures means as defined by the FCA Rules;
Futures means a contract executed on any commodity, futures or options exchange, the effect of which is that:-

Examples of Futures in a sentence

  • The Adviser is registered as a commodity pool operator (“CPO”) under the Commodity Exchange Act (“CEA”) and is a member of the National Futures Association (“NFA”).

  • With respect to each of the Portfolio(s), the Adviser has claimed either (1) the CPO exclusion in Commodity Futures Trading Commission (“CFTC”) Regulation 4.5 with respect to the Portfolio and, in such case, the Adviser will file the notice required under CFTC Regulation 4.5 with respect to the Portfolio and will annually reaffirm such notice filing on behalf of the Portfolio as required by CFTC Regulation 4.5; or (2) the relief in CFTC Regulation 4.12(c)(1)(ii) with respect to the Portfolio.

  • The Custodian shall consent to the cancellation of the Futures Contract Option being closed against payment to the Custodian of the total amount payable to the Fund, provided the same conforms to the total amount payable as set forth in such Certificate.

  • The Custodian shall make the payment or delivery specified in the Certificate, and delete such Futures Contract from the statements delivered to the Fund pursuant to paragraph 3 of Article III herein.

  • Notwithstanding any provision elsewhere contained herein, the Custodian shall not be required to obtain possession of any instrument or certificate representing any Futures Contract, any Option, or any Futures Contract Option until after it shall have determined, or shall have received a Certificate from the Fund stating, that any such instruments or certificates are available.


More Definitions of Futures

Futures is used to identify exchange traded futures, or forward contracts, and options on the same, that are cleared through a clearing house.
Futures means allowances auctioned as financial instruments, pursuant to Article 38(3) of Commission Regulation (EC) No 1287/2006 (1), for delivery at an agreed future date at the auction clearing price determined pursuant to Article 7(2) of this Regulation and upon which variation margin calls to reflect price movements are payable in cash;
Futures means a contract to buy or sell a commodity or financial instrument in a designated future date at a price agreed upon at the initiation of the contract by the buyer and seller. Every futures contract and which has standard terms that dictate the minimum quantity and quality that can be bought or sold, the smallest amount by which the price may change, delivery procedures, maturity date and other characteristics related to the contract.
Futures. “Futures” or "Futures Contract" means a contract executed on any Exchange, the effect of which is that (i) one party agrees to deliver to the other party at an agreed future time an agreed Commodity or quantity of a Commodity at an agreed price; or (ii) the parties agree to make an adjustment between them at an agreed future time according to whether the agreed Commodity is worth more or less or, as the case may be, stands higher or lower at that time than a level agreed at the time of making the contract, the difference being determined in accordance with the rules of the Exchange on which the contract is made; 「期貨合約」指任何經交易所買賣之商品、期貨或期權合約,其效果為: (i) 一方同意於協定之未來日期,按協定價格,將協定商品或協定數量之某種商品交付予另一方﹔或 (ii)雙方同意,視乎情況而定,須於協定之未來日期,按照協定商品當時之價值是否較訂約之時為高或低,或較高於或低於訂約時之協定水平,於雙方間作出調整,其差額將按照有關交易所之規則作準﹔
Futures means a contract in which one party is obliged to deliver a certain amount of commodity to the other party at a given time in the future, and the other party, in turn, is obliged to make payment for such commodity at a price specified therein; or a contract in which one party is obliged to make payment to the other party, or vice versa, in the amount which is equivalent to the difference between the price or value of commodity or variable specified in the contract and the price or value of commodity or variable prevailing at a given time or period of time in the future as specified in the contract.
Futures is used to identify exchange traded futures, or forward contracts, and options on the same, that are cleared through a clearing house. · “FX” is used to identify non-exchange traded forward currency contracts, which are settled directly between the principals of the trades.
Futures means futures contract in which one party is obliged to deliver a certain amount of goods as specified in the contract to the other party at a given time in the future, and the other party, in turn, is obliged to make payment for such goods at a price specified therein or a contract in which one party is obliged to make payment to the other party, or vice versa, in the amount which is equivalent to the difference between the price or value of goods or variable specified in the contract and the price or value of goods or variable prevailing at a given time or period of time in the future as specified in the contract.