Linked from

The 10 pages that link to Futures contract, each with the reason it gives.

• Commodity marketRelated: Commodity futures let producers and buyers set prices before delivery.

• HedgingBroader topic: A futures position can offset the risk of a future purchase or sale.

• Forward contractCompared with: Futures share forward-like exposure but use standard terms, margin, and daily settlement.

• SpeculationRelated: Futures let speculators take directional positions without owning the underlying asset.

• Grain tradeRelated: Grain futures let producers and buyers lock in prices before delivery.

• Commodity exchangeRelated: Futures are the central contracts traded on many commodity exchanges.

• Tulip maniaRelated: Tulip traders made agreements for bulbs not yet ready to deliver.

• Derivatives marketBroader topic: Exchange-traded futures illustrate standardized contracts and central clearing.

• Futures exchangeBroader topic: The exchange lists these contracts and defines their terms.

• Call optionCompared with: A futures position carries an obligation rather than an option holder’s choice.