Business And Markets

Futures Market a Critical Need 

Futures Market a Critical Need 
Futures Market a Critical Need 

Experts and financial authorities have apparently come to the conclusion that promoting futures contracts is a must to help improve the struggling capital market, the managing director of Iran Fara Bourse said. 
Addressing a meeting on the key challenges of Iran’s derivative market, Meisam Fadaee said futures are the best financial instruments to [help] protect the share market during times of steep volatility.
“Given the existing economic turbulence, futures contracts can be used as financial instruments to help investors make a profit irrespective of market conditions,” Fadaee was quoted as saying by IRNA. 
A futures contract is a standardized, legal agreement to buy or sell an asset at a predetermined price at a specified time in the future. At this specified date, the buyer must purchase the asset and the seller must sell the underlying asset at the agreed-upon price, regardless of the current market price at the expiration date of the contract. 


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment