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Futures basics

  • Futures basic concepts
  • Futures trading
  • Initial & maintenance margin
  • Mark to market
  • Futures chain
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  • Basis risk
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  • Corporate hedging using futures
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Futures chain

A futures chain is an informational table which quotes all futures on the same underline asset with different delivery dates.

It contains all the information needed in order for someone to open a position i.e. symbol, delivery date, last price, bid-ask, volume and open interest. More or less all trading platforms include almost the same information.

Below is a simple futures chain from  for the WTI crude oil.

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  • Possible breakdown in Greek stock exchange
  • Application of a simple strategy in EUR/USD
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  • Short term downtrend in Greek stock exchange
  • Possible upward movement in S&P 500

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