A futures contract is a firm agreement between two parties, buyer/seller to sell/buy at a pre-settled term (maturity), an underlying asset or a commodity (fungible and standardized) at a price agreed at the moment of transaction's conclusion.

Yes, once you attempt the tests and click on the 'Finish button' a result matrix is displayed wherein against every question answered you get to know whether it was correct or incorrect. You also get a total score. If you wish to know the correct answers, simply click on the 'cross marked symbol'. You will be able to view the correct answer of that question.

Your facilitator will review your assignment and provide you with comments and feedback on your work. If you have answered a question incorrectly in most cases your facilitator will provide you with the correct answer and some guidance. If there are many incorrect answers your facilitator may suggest further study and reading. If many of your answers are consistently incorrect then this may indicate a study problem. Your facilitator may discuss course options and study methods with you.

It arises normally when the contract matures during the same cropseason. In an well-integrated market, Contango is equal to the cost of carry viz. Interest rate on investment, loss on account of loss of weight or deterioration in quantity etc.

It is usual for a contract maturing in the peak season to be in backwardation during the lean period.

Futures contract are contracts for delivery of goods. But most of the futures contracts, the world over, are performed otherwise than by physical delivery of goods.

The most important principle for designing a futures contract is to take into account the systems and practices being followed in the cash market. The unit of price quotation, unit of trading should be fixed on the basis of prevailing practices. The "basis" - the standard quality/grade - variety should generally be that quality or grade which has maximum production. The delivery centers should be important production or distribution centers.

ACC future contract expiring on 27th Feb, 2002 is defined as "Fut-ACC-27-Feb-2002". Wherein "Fut" stands for Futures as derivatives product, "ACC" for underlying stock and "27-Feb-2002" for expiry date. index or stock enabled for trading on futures is called an "Underlying" e.g. NIFTY (index) and ACC (stock). There may be various tradable contract for the same underlying based on its different expiration period.

The amount of electricity produced by the Acuscope is measured in microamps (millionths of an amp), an extremely tiny amount of current in comparison to the amount of electricity flowing from a wall socket. It has been scientifically proven that this level of current produces the most beneficial effect on the body's cells.

Just clean air. The Austin Air Cleaner does NOT produce OZONE, IONS, or NEGATIVE IONS. Ozone is active Oxygen and can be dangerous to people with respiratory problems, such as asthma and emphysema. Periodic vacumming of the four sides on the outside screen is the only maintenance required for the Austin Air Cleaner. Typically, the filter only needs to be changed every five years.

It produces XHTML compatible with the XHTML 1.0 specification. A cascading stylesheet is required for proper viewing with a modern graphical browser. Correct rendering of the HTML produced depends on the CSS support of the browser. A general-purpose stylesheet, html4css1.css is provided with the code, and is embedded by default. It is installed in the "writers/html4css1/" subdirectory within the Docutils package.

Hang Seng Index Futures Contract allows investors to expose to the performance of the 33 constituent stocks by meeting the margin requirement. This margin requirement is to ensure that the investors fulfill their responsibilities. Both the buyer and the seller have to pay the margin requirement before they can open any contracts or make any deals. Upon the expiry of contracts, those investors who are in long position or short position shall settle the difference by cash.

The provision for delivery is made in the Byelaws of the Associations so as to ensure that the futures prices in commodities are in conformity with the underlying. Delivery is generally at the option of the sellers. However, provisions vary from Exchange to Exchange. Byelaws of some Associations give both the buyer and seller the right to demand/give delivery.

The Byelaws of different Exchanges have different provisions relating to delivery. Some Exchanges give the option to seller, i.e., if the seller gives his intention to give delivery, buyers have no choice, but to accept delivery or face selling on account and/or penalty. Some Exchanges, particularly the northern Exchanges trading contracts in "gur"/jaggery provide the option both to buyer and seller.

You have supplied the wrong username and password combination for the server you are trying to connect to. Make sure that you aren't trying to use your 'planet' account password to connect to the CGI-BIN server, or vice versa. Check your username and password for errors, bearing in mind that the servers are case sensitive and that a lowercase letter 'l' can be confused with the number '1' and an uppercase letter 'O' can look similar to the number '0'.

The problem is that some diet books say beer has a high glycemic index, but this is based on incorrect information that beer is high in maltose or simple sugars. (1, 2, 3, 5, 6, 7)

If you receive this message when attempting to log into WebCT, you are entering the wrong WebCT ID or Password. First, make sure your CAPS LOCK is off. WebCT is case-sensitive, meaning that the ID and password must be typed in the case they were entered in. All WebCT IDs at NWACC are in lower-case. WebCT passwords at NWACC are your Student PIN (Personal Identification Number). This is the six-digit number you use as a password to access EagleNet. It is not your seven-digit Student ID.

We pre-sale wines that are still housed in the barrels during the region's Annual Barrel Tasting on the first weekend in March. We offer a savings of 40% off the estimated release price to non-members, and 50% to members. Buying futures guarantees one will receive his/her allocation of a particular wine, which may sell-out before hitting the bottle.