futures

In economics, a futures market (or terminal market) is where commodities are bought and sold for delivery at some future date. Speculators may buy futures in the hope that the price will rise, and thus be able to make a profit by selling on to others. A futures contract enables sellers to guard against the risk that the price will fall, and protects buyers from the risk that the price will rise (hedging). There is also a market in financial futures: LIFFE [liyf], the London International Financial Futures Exchange, which deals with foreign exchange, interest rates, and equities. In the USA, futures include US Treasury bills and government-backed mortgages.

Futures may mean:

Futures contract, from the world of finance Futures exchange, in finance Futures studies, reflects on how today’s changes (or the lack thereof) become tomorrow’s reality Futures (tennis), minor professional tennis events Futures (album), a 2004 album by Jimmy Eat World Futures (journal), an international, refereed, multidisciplinary journal about futures studies Futures (magazine), a magazine about Futures, Commodities & Options Future (programming), also known as a promise

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