A Future is a contractual agreement to buy or sell a particular commodity or financial instrument at a pre-determined price on a specific date in the future.
Futures contracts can derive from a variety of assets, from traditional commodities such as corn, wheat, and orange juice to different asset classes such as government bonds, interest rates, energies and stock indices.
Low costs and transparent pricing
Because Futures are highly liquid exchange traded financial instruments, they can be traded on tight spreads. You’ll find that transaction costs are low, and pricing is transparent. This is due to the level of specificity found in Futures Contracts, and also results from the regulations imposed by the various exchanges.
No physical delivery
Note that CornèrTrader does not support physical delivery of the underlying security on expiry of a Futures Contract. On or before the expiry of a Futures Contract, CornèrTrader will cash settle your positions on your behalf.