Futures Trading and the Concept of Speculating
Futures trading is a type of investment that involves predicting the future value of various types of goods and services.
Futures trading as we know it today evolved from farmers selling their crops to dealers and committing to future exchanges of goods for a set price. A farmer would, for example, agree to deliver a few kilos of a certain produce, like wheat or barley, to the buyer on a future date.
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