BANKING AFFAIRS

Detailed explanation-1: -Standardized futures contracts exist for all of the following underlying assets except: common stocks. stock indexes.

Detailed explanation-2: -The standardized items in a futures contract are : Quantity of the underlying.

Detailed explanation-3: -Underlying assets include physical commodities or other financial instruments. Futures contracts detail the quantity of the underlying asset and are standardized to facilitate trading on a futures exchange. Futures can be used for hedging or trade speculation.

Detailed explanation-4: -In Finance, a Futures contract is a standardized contract between two parties to exchange a specified asset of standardized quantity and quality for a price agreed today (the futures price) with delivery occurring at a specified future date, the delivery date. The contracts are traded on a futures exchange.

Detailed explanation-5: -The types of futures available to trade include a wide range of financial and commodity-based contracts, from indexes, currencies, and debt to energies and metals, to agriculture products.