What is Futures contract?
Stocks, funds & commoditiesAn agreement to buy or sell something at a fixed price on a future date. Used for hedging and speculation.
Think of it like: Locking in tomorrow's price today.
Real example: A palm oil exporter can sell futures to lock in a price before harvest.
Lesson: Futures contracts Practise it now: Follow the Sun Practise it now: Order Up!