Futures:

A futures contract is a derivative instrument. It 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 specified price. For instance, a stock futures contract represents a commitment to buy or sell a predefined amount of the underlying stock at a predetermined price on a specified future date.

The futures markets are described as continuous auction markets and exchanges providing the latest information about supply and demand with respect to individual commodities, financial instruments, and currencies. Futures exchanges are where buyers and sellers of an expanding list of commodities, financial instruments, and currencies, come together to trade.

Futures contract can be divided into 2 types: Commodities and Financial products.
Commodities products include agricultural product, energy resources and metals. Financial products include indices, foreign exchange and interest rates.

An option contract is the right (but not the obligation) to buy (or sell) a specific commodity at a specific price by a certain date (expiry date).

Account opening:

To open a futures account, simply visit any of our offices or call us at 2525 2437 for details.