Futures

Futures are essentially forward contracts that are streamlined for trading by an exchange and standardized in terms of quantity, quality and delivery month. In other words, all the details of the contract are specified except for the price, which is agreed upon between the buyer and seller based on current market conditions.

Futures contracts are now traded based on many underlying products. Some examples are Commodity futures such as wheat, soybeans, sugar, coffee and cocoa, Energy futures such as crude oil and natural gas, Metals such as gold, silver, palladium, and copper, Financials such as currency futures, Interest Rates futures such as Treasury Bonds, Notes and Bills, Stock Index futures such as Dow Jones, NASDAQ and S&P 500, and Environmental futures such as US and European weather futures.

Trading in futures involves a certain degree of risk but is considered as a good diversification tool for a balanced financial portfolio. Orion Global Financial services offers off exchange futures trading on cash settlement basis only and will not undertake delivery for clients on any futures contract. Please consult your financial advisor before entering into any futures transaction.

Click here to view an Futures trading example