Futures

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Here’s what the Amazing Criswell had to say about Futures

Hey-ho, the futures’s not what it used to be.

So would the last one out please turn off the lights? A future, like an option, is an exchange-traded derivative. These are standardised, simple contracts: traditionally the dullest of all financial contracts — but hte process of clearing and executing them is positively Kafkaesque.

Advice If you were thinking of embarking on a career lawyering exchange traded derivatives, here’s a tip. Become a regulatory margin specialist instead. It is so much more rewarding, constructive, and fun.

Here's a start:

http://www.futuresindustry.org/party-definitions.asp

See also

• Exchange-traded derivatives
• Futures Industry Association
• Futures and Options Association
• Criswell
• Plan 9 From Outer Space