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| | FSF: The futures market |
 | | For futures markets it is of importance that settlement may be made in cash or in the underlying asset (although on most futures exchanges more than 95% of settlements are done in cash), because this process ensures that the futures and cash markets are firmly linked to each other by means of arbitrage operations. | | | Instead of purchasing assets in the cash markets as an investment, investors may also establish synthetic cash positions in the futures market as an alternative investment form. | | | For instance, an investor may decide to purchase futures on the equity market index because he or she considers the liquidity in the equity futures contract more attractive than that of the shares that make up the index. |
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http://www.finforum.co.za/markets/futconts.htm
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| | Lind-Waldock: Futures Brokers and Commodity Brokers |
| | Our market strategists bring an average of more than 10 years of futures industry experience to their full-service clients. | | | Over almost four decades in the futures brokerage business, we have consistently provided what futures traders need: Access to markets worldwide. | | | Selecting a futures broker is one of the most important decisions you will make as a futures trader. |
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http://www.lind-waldock.com
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| | How To Start Trading DRAM Futures Contract |
| | For instance, if investor A has bought one DRAM futures contract at US$5.10 and the price of the futures contract subsequently fell to US$4.00, this would represent a mark-to-market loss of US$1,100 (1,000 pieces x [US$4.00-US$5.10]) and the balance in A's account will be reduced by the same amount. | | | There are many participants in the futures market which include banks, fund managers, market-makers and professional individual investors who are constantly searching and trading for risk management and profit opportunities. | | | Furthermore, a futures exchange brings together different groups of market participants -hedgers, speculators and arbitrageurs, each using the market for different reasons and having their own views of the market. |
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http://www.semiconx.com/Exchange01/SilverStream/Objectstore/General/FAQFutures.html
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| | FORTUCAST Commodity Market Timing |
| | Hedging a cash commodity using a different but related futures contract when there is no futures contract for the cash commodity being hedged and the cash and futures markets follow similar price trends (e.g., using soybean meal futures to hedge fish meal). | | | At the time the cash commodities are bought, the open futures position is closed by selling an equal number and type of futures contracts as those that were initially purchased. | | | Market indicators showing the general direction of the economy and confirming or denying the trend implied by the leading indicators. |
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http://www.fortucast.com/links_glossary.aspx
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| | CBOT - CBOT Appoints Nassau Street Capital as Primary Market Maker |
| | The revision to the calculation of the final settlement price will allow the Muni Note futures contract to better track the underlying cash municipal market, facilitating its efficiency as a risk management and trading tool. | | | CHICAGO, October 23--The Chicago Board of Trade (CBOT) announced the appointment of Nassau Street Capital, LLC, an affiliate of Jane St. Capital, LLC, as the designated primary market maker for its 10-Year Municipal Note futures contract. | | | Under normal market conditions Nassau Street Capital, will make markets no wider than 4 ticks for 20 contracts for outright Muni Note futures positions, as well as for inter-commodity spreads between Muni Note futures and CBOT Treasury bond futures contract (MOB) and CBOT 10-year Treasury note futures contract (MUT). |
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http://www.cbot.com/cbot/pub/cont_detail/0,3206,1036+15481,00.html
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| | What Is a Futures Exchange? |
| | A futures exchange, legally known in the U.S. as a “designated contract market,” is, at its core, an auction market – highly regulated, technical and complex – but an auction market nonetheless. | | | A futures exchange is the only place where futures and options on futures (which offer the right, but not the obligation, to buy or sell an underlying futures contract at a particular price) can be traded. | | | In addition, most futures exchanges practice intense self-regulation, monitoring their employees and the trading practices that occur in their facilities. |
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http://www.cme.com/edu/course/intro/whtfutrx9699.html
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| | An MBendi Profile: Nigerian Stock Exchange - Information |
| | The Securities and Exchange Commission (SEC), the apex government body which regulates the capital market in Nigeria, favours a multiple exchange system, which it views as a better option for attracting investors to cities other than Lagos, the business nerve centre of the country, where capital market activities are concentrated. | | | The market is still an as cash market and therefore settlement for transactions on The Exchange is on "Account settlement's" basis. | | | In turnover terms, a total of 1.9 billion shares worth 12.6 billion naira were traded at the end of November 1998, in contrast to 1.3 billion shares valued at 11 billion naira traded on the exchange over the whole of 1997. |
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http://www.mbendi.co.za/exch/16/p0005.htm
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| | Article on Ethylene Futures contract |
| | Optimally, the price paid for a futures contract is based on the current cost of the commodity plus a premium or discount for the market's expectations of future prices. | | | If the ethylene futures contract is working correctly, the changes in the futures contract price should reflect the changes in the cash market price for ethylene. | | | Ultimately, the overall success of these contracts depends on whether the change in the price of the futures contracts reflects the change in the price of the ethylene in the cash market, and liquidity. |
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http://www.polymerupdate.com/Polymer-Plastic-Petrochemical-Articles/Article-On-Ethylene-Future-Contract.htm
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| | Futures exchange - Wikipedia, the free encyclopedia |
| | A futures exchange, or futures and options exchange is a corporation or mutual organization which provides the facilities to trade derivatives such as futures contracts and options. | | | The positions held by the clients of the exchange are marked-to-market daily. | | | As the exchange is the counterparty to all their trades, they only have to have one margin account. |
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http://en.wikipedia.org/wiki/Futures_exchange
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| | Bourse de Montréal - Montréal Exchange: Derivatives Exchange Listing Stock Options and Futures |
| | Hedging is a practice that allows the use of the futures market to protect a price, allowing reduction of the risk related to price change of a position in the cash market by taking an equal position, but on the opposite side in the futures market. | | | Futures markets were created in America to suit the needs of farmers who wanted to lock in the future price of their crop depending on certain risks like weather. | | | Conversely, when a futures contract is sold, the investor undertakes to deliver an underlying product on a later date, at a price agreed upon at the time of the contract's sale. |
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http://www.m-x.ca
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| | Poindexter the Terror Bookie : Thunderbay IMC |
| | The Education Department could offer a futures market where people could bet on the drop-out rate for different ethnic groups or income levels as school funding continues to be cut, allowing school boards across the country to slash staffing and classroom space in advance of declining enrolments. | | | Indeed, manipulating futures markets is a common problem, because trading in futures, unlike trading in equities, involves relatively fewer players. | | | The EPA could establish a futures market on global warming, where investors could bet on what number of degrees the earth's temperature will rise by different years over the next century, or perhaps how many feet the sea level will rise by different dates, allowing urban planners and clothing manufacturers to anticipate demand. |
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http://thunderbay.indymedia.org/print.php?id=7859
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| | Bourse de Montréal - Montréal Exchange: Derivatives Exchange Listing Stock Options and Futures |
| | Hedging is a practice that allows the use of the futures market to protect a price, allowing reduction of the risk related to price change of a position in the cash market by taking an equal position, but on the opposite side in the futures market. | | | Futures markets were created in America to suit the needs of farmers who wanted to lock in the future price of their crop depending on certain risks like weather. | | | As a regulated market, all transactions are guaranteed by a clearing corporation. |
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http://www.m-x.ca
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| | WWWFinance - Margin on Futures |
| | Based on historical relationships, an equity amount equal to 5 to 8 times the margin required by the futures exchange results in a standard deviation of return on equity that is of approximately the same as the standard deviation of a typical stock (10% monthly). | | | The best way to view the investment in a futures contract is to treat the investment as if the entire value of the contract were placed in Treasury bills or a money market fund at the inception of the contract. | | | In exchange for the $500, the futures contract that was initiated at a price of 65.00 is automatically rewritten by the exchange to specify delivery at a price of 64.50, the current market price for that contract. |
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http://www.duke.edu/~charvey/Classes/ba350_1997/futures/futmargin.htm
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| | 20 Investments You Should Know |
| | A futures contract on a commodity is a commitment to deliver or receive a specific quantity and quality of a commodity during a designated month at a price determined by the futures market. | | | As the name implies, futures are contracts on commodities, currencies, and stock market indexes that attempt to predict the value of these securities at some date in the future. | | | Futures speculators invest in commodity futures in the same way others invest in stocks and bonds, and mutual fund managers also use futures to hedge against risk. |
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http://www.investopedia.com/university/20_investments/8.asp
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| | Futures contract - Wikipedia, the free encyclopedia |
| | Futures traders are traditionally placed in one of two groups: hedgers, who have an interest in the underlying commodity and are seeking to hedge out the risk of price changes; and speculators, who seek to make a profit by predicting market moves and buying a commodity "on paper" for which they have no practical use. | | | Contracts on financial instruments was introduced in the 1970s by the Chicago Mercantile Exchange(CME) and these instruments became hugely successful and quickly overtook commodities futures in terms of trading volume and global accessibility to the markets. | | | In finance, a futures contract is a standardized contract, traded on a futures exchange, to buy or sell a certain underlying instrument at a certain date in the future, at a pre-set price. |
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http://en.wikipedia.org/wiki/Futures_contract
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| | Futures contract - Wikipedia, the free encyclopedia |
| | Futures traders are traditionally placed in one of two groups: hedgers, who have an interest in the underlying commodity and are seeking to hedge out the risk of price changes; and speculators, who seek to make a profit by predicting market moves and buying a commodity "on paper" for which they have no practical use. | | | In finance, a futures contract is a standardized contract, traded on a futures exchange, to buy or sell a certain underlying instrument at a certain date in the future, at a pre-set price. | | | The forward price represents the expected future value of the underlying discounted at the risk free rate—as any deviation from the theoretical price will afford investors a riskless profit opportunity and should be arbitraged away; see rational pricing of futures. |
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http://en.wikipedia.org/wiki/Futures_contract
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| | Find commodity market system trading Here |
| | and forex broker, commodity futures trading system and, forex or currency, money market funds, managed account, stock... | | | Commodity and Stock Trading information at Profit Trading.com includes stock market trading courses, commodity trading courses, options, futures, charts, trading software, penny stocks, and lots more. | | | Futures trading system for commodity, currency, forex futures. |
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http://www.sms-india.com/investment/10/commodity-market-system-trading.htm
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| | The Futures Market Economist |
| | For example because there is now a futures market in, for example, crude oil, that is very active, the price of crude oil is now determined in a competitive market rather than by a group of oil ministers, such as was the case before trading in crude oil futures began. | | | The Futures Market Economist (TFME) is the electronic publication of the ongoing seminar in futures market economics. | | | In this case it is relatively easy to control a market, and Melamed's comment that "[a]ll one had to do was own the bulk of the visible supply and, presto, one was in control of the futures market" was possibly on the mark. |
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http://home.comcast.net/~tfme/tfme/2tfme05.htm
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| | Credit and Finance Risk Analysis - Futures Market |
| | During the period the futures contract is open, changes in the value of the contract are recognized as unrealized gains or losses by marking-to-market such contract on a daily basis to reflect the market value of the contract at the end of each day's trading. | | | Security Futures are futures contracts on either an individual equity / stock or on an equity indices. | | | Futures are exclusively exchange traded thus the terms and conditions (size, quality, grade and trading months) are standardized and the financial integrity of futures contracts is guaranteed by a clearinghouse that collects and distributes margin payments every day. |
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http://www.credfinrisk.com/futures.html
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| | A New Approach for Generating Forward Price Curves in Electricity Markets |
| | Because a limited number of forward or futures contracts are traded in the market, only a limited picture of the theoretical continuous forward price curve is available to the analyst. | | | Commodity forward and futures prices serve an important role as information carriers for operational and investment decisions. | | | Though we restrict ourselves to a model of the Scandinavian futures/forward market and the use of a single bottom-up model, the idea can be seen as a general approach where several bottom-up models might beused to add information to the initial set of market data. |
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http://www.energyforum.net/feature/feat159.shtml
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| | Bourse de Montréal - Montréal Exchange: Derivatives Exchange Listing Stock Options and Futures |
| | Hedging is a practice that allows the use of the futures market to protect a price, allowing reduction of the risk related to price change of a position in the cash market by taking an equal position, but on the opposite side in the futures market. | | | Futures markets were created in America to suit the needs of farmers who wanted to lock in the future price of their crop depending on certain risks like weather. | | | As a regulated market, all transactions are guaranteed by a clearing corporation. |
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http://www.me.org
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| | 001424.html |
| | Markets look good by this standard, and the government could still do its own private research, much as financial firms do proprietary research in stock and futures markets, to supplement what it learned from public terrorism-risk markets. | | | The real comparison should be between the futures market and "expert" analysts who have no accountability for their biases. | | | This is partly true, though the reinsurance market operates largely out of the public eye and therefore may not transmit information as well as a futures market would. |
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http://www.chicagoboyz.net/archives/001424.html
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| | Policy Analysis Market and the Political Yuck. |
| | Political analysis of futures markets is based on the common-sense principle that to follow the money is to follow the information. | | | The ongoing 9/11 enquiry in the U.S. has suggested that more vigilant market analysis would have indicated that some attack was in the pipeline, while a recent Channel 4 report on political futures markets showed that there is still some public interest in the idea. | | | It is clear that, while futures markets can't be treated as a geo-political crystal ball, they do gather a certain amount of information, which is why political analysts in the Middle East, for example, do tend to keep an eye on oil markets. |
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http://www.sirc.org/articles/policy_analysis.shtml
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| | Equity market - definition of Equity market in Encyclopedia |
| | A stock market is a market for the trading of publicly held company stock and associated financial instruments (including stock options, convertibles and stock index futures). | | | The movements of the prices in a market or section of a market are captured in price indices called Stock Market Indices, of which there are many, e.g., the Standard and Poors Indices and the Financial Times Indices. | | | In 1964 it was amended to apply also to companies traded in the over-the-counter market. |
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http://encyclopedia.laborlawtalk.com/Equity_market
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| | America's Debate -> Terrorism and Assassination Futures Market? |
| | Futures markets are a good indicator of trends, and are actually a kind of polling. | | | The Pentagon is starting a futures market where investors can invest on the likelihood of terrorist attacks or assassinations. | | | A graphic on the market's Web page Monday showed hypothetical futures contracts in which investors could trade on the likelihood that Palestinian leader Yasser Arafat would be assassinated or Jordanian King Abdullah II would be overthrown. |
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http://www.americasdebate.com/forums/index.php?showtopic=2792
(1888 words)
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| | Introduction to Foreign Exchange Market |
| | The functions of futures market: The primary purpose of the futures market is to protect international traders and investors from the risks involved in fluctuations of the spot rate. | | | Traditionally, the FX market was divided into the FX retail market and the FX interbank (wholesale) market. | | | Value of one country's currency is closely tied to the competitive position of the country's firms in the international market. |
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http://c3po.cochise.cc.az.us/pratt/Internecon/fgnexch.htm
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| | Futures Contract |
| | Since futures contracts are transferable, they are themselves are often traded on the futures market. | | | A futures contract differs from an option in that an option is a right to buy or sell, whereas a future is a promise to actually make a transaction. | | | The contract is subject to the terms and conditions established by a federally designated contract market upon which trading is conducted. |
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http://www.russell.com/us/glossary/derivatives/futures_contract.htm
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| | Stock market - Open Encyclopedia |
| | A stock market is a market for the trading of publicly held company stock and associated financial instruments (including stock options, convertibles and stock index futures). | | | The movements of the prices in a market or section of a market are captured in price indices called Stock Market Indices, of which there are many, e.g., the Standard and Poors Indices and the Financial Times Indices. | | | These days markets have generally become "institutionalized"; that is, buyers and sellers are largely institutions whether pension funds, insurance companies, mutual funds or banks. |
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http://open-encyclopedia.com/Stock_market
(942 words)
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| | Risk Management |
| | Managing Market Risk discusses the risk which is associated with changes in the Canada US exchange rate and some of the tools to manage the risk. | | | The new course entitled, Managing Market Risk, is designed to introduce the concept of market price risk and some of the products to manage risk. | | | You not only have price risk on the commodities you produce but, also on inputs such as feed. |
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http://www.agr.gc.ca/policy/risk/indexe.html
(942 words)
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| | Market Risk Disclosure FAQ |
| | The new rules require disclosure of the market risk inherent in the futures contact, but only encourages disclosures of the market risks inherent in the corn inventory. | | | The quantitative disclosures are required for material market risk exposures. | | | Interim disclosures must enable the reader to assess the sources and effects of material changes in market risk exposures that affect the quantitative and qualitative disclosures presented as of the end of the preceding fiscal year. |
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http://www.sec.gov/divisions/corpfin/guidance/derivfaq.htm
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