Professional Documents
Culture Documents
Future
Future
Future
Trade on a organized exchange OTC in nature
Forward
Customised contract terms
Less Liquid No margin payment Settlement happens at end of period
FUTURES TERMINOLOGY
Spot price Futures price Contract cycle Expiry date Contract size:
Maintenance margin
EXAMPLE - FUTURE
Nifty Futures Price Buy @ Rs. 5400 Lot Size 50 Total 2,70,000