Financial Terms

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Futures

Futures contract - an agreement between the parties to sell an asset at a specified time at a specified price. It is a derivative that depends on the price of the underlying asset - stock, bond or commodity. At the end of the period, the seller is obliged to transfer the underlying asset to the buyer.

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Risk warning: Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services.
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