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Futures Terms |
| Browse our glossary of terms by using the Alphabet below. You may also search the glossary by using the search box in the right column. | |
| Futures | A future contract is an obligation to purchase or sell a fixed underlying asset or cash-equivalent thereof, at a fixed time and location. The obligation to purchase (or take delivery) is called a "long" position, while the obligation to sell (or make delivery) is called a "short" position. Futures are standardized contracts, allowing for ease of buying and selling on a central organized marketplace. |