A futures contract is a contractual agreement to buy or sell a specified commodity or financial instrument at a predetermined price, on a set date in the future.

Futures can be traded both on the trading floor of a futures exchange or through an electronic platform (OTC).

Trading futures is made by buying or selling futures contracts which are standardized according to the type of the financial instrument, quantity, and expiry date of each instrument.

A future contract is specified with the month during which the delivery or settlement is to occur i.e. if the product is gold and delivery is in July then the price quoted/traded is for July Gold.

All futures traded include, therefore, a specific termination date consisting of the contract name, expiry month, and year.

Future contracts traded with Windsor Brokers are OTC (Over-the-counter Market), which is a market where financial products such as foreign currencies, indices, and other financial instruments are bought and sold outside the actual exchange.

At Windsor Brokers, they offer the following Future (OTC) Contracts:

Future (OTC) Currencies
Euro, British Pound, Japanese Yen, Swiss Franc, Canadian Dollar, Australian Dollar
Future (OTC) Indices
Big Dow Jones, Mini Nasdaq 100, Mini S&P 500
Future (OTC) Precious Metals
Gold, Silver
Future (OTC) Energies
Light Sweet Crude Oil, Mini Natural Gas
Future (OTC) Commodities
Coffee “C”