A futures contract is usually a legally binding agreement to get or market a particular quantity of a commodity in a predetermined price with a long term day. These contracts:Stop-of-Day prices are current at 8pm CST Each individual evening, and consists of the earlier session volume and open curiosity info. The Cash Contract is mentioned as t
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This settlement can happen through physical delivery of the asset or by cash settlement, where by the main difference between the contract price along with the market price is exchanged rather than the asset itself. Forward contracts, not like futures, usually are not marked to market day-to-day, and their price is decided at settlement depending o