Let’s assume the airline company can discover an oil producer willing to offer oil 3 months later on for $68, the company would go into a futures contract with this oil manufacturer for delivery of a specific quantity of oil in 3 months. If the price of oil falls to $65, the airline company still has to acquire at the concurred cost of $68. Yet what propelled the airline to enter the futures agreement, to begin with, are its assumptions of future oil prices rising to $70 in 3 months as well as purchasing a rate below $70 (3 months later on) appeared reasonable to the firm. 해외선물 대여계좌
Index futures are cash worked out, there is no physical distribution of assets as in the case of wheat, corn, and so on. Although index futures can likewise be held for the long term, the period we are focusing on is a day. We are making use of the index futures as a vehicle for conjecture and except hedging as in the case of the airline company.