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futures market |
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futures market, a commodity exchange where contracts for the future delivery of grain, livestock, and precious metals are bought and sold. Speculation in futures serves to protect both the developers and the users of the commodities from unfavorable and unpredictable price fluctuations. The U.S. futures market now includes Treasury bills and government guaranteed mortgages, or Ginnie Maes, thereby allowing speculation on changes in future interest rates. See commodity market commodity market, organized traders' exchange in which standardized, graded products are bought and sold. Worldwide, there are 48 major commodity exchanges that trade over 96 commodities, ranging from wheat and cotton to silver and oil. ..... Click the link for more information. . How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Companies normally purchase copper raw materials from the Shanghai Futures Exchange or use copper scrap," says Mac Gongzhong, an official with an agency that reports to ZJETC. BOLSA DE MERCADORIAS & FUTUROS IN SAO PAULO, Brazil's commodities and futures exchange, is buying Rio de Janeiro securities exchange Sisbex for an undisclosed sum. The Commodity Futures Trading Commission approved a similar expansion for stock index futures and options contracts on the Chicago Mercantile Exchange, the Kansas City Board of Trade and the New York Futures Exchange. |
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