Gold/Silver Ratio futures will be 500 index points in size and reference the ratio of the COMEX Gold and Silver
futures price for each day of the contract month.
Given the intimate relationship between supply, demand, inventories and forward prices, the shape of the
futures price curve is closely monitored by professional traders.
As a new product in an emerging market, Chinese stock index futures have attracted a variety of investor types, and their different investment strategies also have a great impact on stock index
futures price fluctuations in different time scales.
Cote d'Ivoire's cocoa
futures price at Monday's auction recorded a rise while coffee went down, according to figures released by the Coffee-Cocoa Council.
Given China's critical role in world soybean supply and demand, the DCE has grown into the largest NGM soybean futures market in the world; its soybean
futures price is one of the leading indicator prices in world soybean markets.
May
futures price for New York Western Texas light oil closed at US$103.
Futures price is the price that is agreed today but will be used for settlement at maturity.
9 yen per liter from November as the benchmark crude oil
futures price has remained above $90 per barrel, close to a record high.
Speculators provide this insurance and buy futures, but they demand a
futures price that is below the spot price expected to prevail at the maturity of the futures contract.
This seems to be the case for the two-month futures contract because the
futures price tracks the one-month-ahead spot price of oil closely.
This means that whenever the closing
futures price goes up or down, the gain is credited to--or the loss is debited from--the appropriate party's margin account.
A procedure is used to unbundle the unobservable option values imbedded in the actual
futures price and impute a theoretical true
futures price.
