How do #forex futures work? #Futures are simply a derivative, - TopicsExpress

How do #forex futures work? #Futures are simply a derivative, the obligation to buy or sell the underlying asset at a future date for a certain price determined at the point of contract sale. Futures are standardized contracts typically with quarterly maturities, falling on the third Wednesday of March, June, September, and December. The central exchange for currency futures is the #CME Group. Futures contracts do not have to be held to maturity, but they allow you to speculate on future price movements of a currency, while decreasing the initial outlay. #fx #trading courses with cwmfxeducation/

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