期貨差價合約交易

First, let’s define what futures are, shall we?

Sometimes the term "futures contract" is used instead of the "futures", and rightly so, since essentially it is a contract, an agreement of sorts between the buyer and the seller under which a certain asset (including currency or indices) will be bought or sold at a certain price on a specified day in the future. Additional parameters such as packing, marking, and quantity of the asset are detailed in the contract specification.

Popular CFDs on futures (e.g. gold or crude oil) can be traded around the clock. Whereas the time for trading less popular assets (e.g. cotton or corn) is limited; not a single exchange trades these at night (GMT).

InstaForex offers trading CFDs for such commodities as precious metals, crude oil, natural gas, and agricultural products, among others. The complete list of tradable assets may be found on the page for Trading Instruments.

However, before you start trading, study (and remember!) two major considerations.

First, always look at the closest expiration date.

Say, you enter the Futures section on the Trading Instruments page. What are the immediately apparent differences?

Different prices, to be sure! But wait, some contracts do not show the closest expiration date. The differences do not end here, though. A closer look reveals a varying third letter from the left in the Symbol column. The letter stands for the time of expiration (or expiry) of the futures, i.e. defines what month the futures are expected to be closed. Here’s what these letters stand for: