Archive for the ‘Investing’ Category


Futures Market: Standardization vs. Forward Contracting

Posted by Tom Craig in Futures Trading

Because futures contracts are standardized, contracts are no longer between individuals, but part of the exchange. Each contract on the same commodity and delivery month is interchangeable. This is a key concept in standardization vs. forward contracting. Because each contract is the same, one can establish a futures position and ...

Futures Trading Lingo Explained

Posted by Tom Craig in Futures Trading

A Forward Contract is a contract between a buyer and seller in which the seller agrees to deliver a specific commodity to the buyer at some time in the future. The terms of this contract: price, quantity, quality, time, and location were negotiated between the buyer and seller. Though enforceable ...

Brief Historical Note on the Development of Futures Trading (Forward Contracting) in the non-US Markets

Posted by Tom Craig in Futures Trading

Today's Futures Markets are the result of principles and practices that are centuries old. Dating to the ancient Greek and Roman markets, formalized trading practices began with a fixed time and place for trading, a central marketplace, and a common currency system, as well as a method to store and ...