Motivation for the Futures Exchange

Additional Forward and Futures Contract Tutorials

• Forward Contract Introduction
• Futures Introduction
• Futures Margin Mechanics
• Verifying Hedge with Futures Margin Mechanics
• Futures and Forward Curves
• Contango from Trader Perspective
• Severe Contango Generally Bearish
• Backwardation Bullish or Bearish
• Futures Curves II
• Contango
• Backwardation
• Contango and Backwardation Review
• Upper Bound on Forward Settlement Price
• Lower Bound on Forward Settlement Price
• Arbitraging Futures Contract
• Arbitraging Futures Contracts II
• Futures Fair Value in the Pre-Market
• Interpreting Futures Fair Value in the PreMarket