futures markets

Definition

An open auction in the trading pit in which traders buy and sell commodity and futures contracts, in which buyers bid for a specified asset to be delivered at a future date at the current day's price. Although not direct securities, they function similarly to stock options, and are considered derivative contracts.

Use futures markets in a sentence

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
precious metals copper