Futures Contract

Business / Finance / Futures Contract: A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any money or securities to provide margin for any resulting trades or contracts. The FCM must be licensed by the CFTC. Related: Commission house, omnibus account.

Other Words for Contract

Contract Noun Synonyms: engage, agree, promise, covenant, undertake
Contract Adjective Synonyms: agreement, understanding, deal, bargain, arrangement, pact, commitment, obligation, compact
Contract Verb Synonyms: catch, acquire, get, come down with, develop, become infected with, go down with
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Futures Contract Multiple

Business / Finance / Futures Contract Multiple: Agreement to buy or sell a set number of shares of a specific stock in a designated future month at a price agreed upon today by the buyer and seller. The contracts themselves are often traded on the MORE

Nearby Futures Contract

Business / Finance / Nearby Futures Contract: When several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. The next (or the 'next out') futures contract is the one that settle MORE

Commodity Futures Contract

Business / Finance / Commodity Futures Contract: A commodity is food, metal, or another fixed physical substance that investors buy or sell, usually via futures contracts. MORE

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