What Is a Futures Contract? Specs, Expiry, Rollover, and Margin
A futures contract is a standardized, exchange-traded agreement to buy or sell an asset at a set price on a set date. Here's how tick size, expiry, rollover, and margin actually work.
A futures contract is a standardized, exchange-traded agreement to buy or sell an asset at a set price on a set date. Here's how tick size, expiry, rollover, and margin actually work.
Leverage lets you control a larger position than your account balance would normally allow. A $10,000 account with 10:1 leverage can open a $100,000 position. That sounds powerful, and it is — in both directions.