Some articles on futures trading, futures, trading, future:
... oil refiner can attempt to hedge itself against adverse price movements by buying oil futures and selling futures for its primary refined products ... X barrels of crude oil and selling Y barrels of gasoline and Z barrels of distillate in the futures market ... The crack spread XYZ reflects the spread obtained by trading oil, gasoline and distillate according to this ratio ...
... In the United States, trading of futures contracts for agricultural commodities dates back to at least the 1850s ... the federal government proposed the first regulation aimed at futures trading, and passed the Grain Futures Act in 1922 ... The Commodity Futures Trading Commission (CFTC) was established in 1974, under the Commodity Futures Trading Commission Act ...
... One of the earliest written records of futures trading is in Aristotle's Politics ... Thales successfully negotiated low prices because the harvest was in the future and no one knew whether the harvest would be plentiful or pathetic and because the olive-press owners ... of the olive presses outstripped supply, he sold his future use contracts of the olive presses at a rate of his choosing, and made a large quantity of money ...
Famous quotes containing the words trading and/or futures:
“His farm was grounds, and not a farm at all;
His house among the local sheds and shanties
Rose like a factors at a trading station.”
—Robert Frost (18741963)
“One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.”
—Gertrude Stein (18741946)