❤️‍🔥❤️‍🔥❤️‍🔥🔥🔥What Are Futures?**

- **Definition**: A futures contract is a legal agreement to buy or sell an asset (commodities, indices, currencies, etc.) at a set price on a specific future date.

- **Standardization**: Contracts have fixed sizes, expiration dates, and terms set by exchanges (e.g., CME, ICE).

- **Underlying Assets**:

- Commodities (oil, gold, wheat)

- Financial instruments (stock indices, bonds)

- Cryptocurrencies (Bitcoin, Ethereum)

- Currencies (EUR/USD, JPY/USD)

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