framtíðarverðbréf
Framtíðarverðbréf, often translated as futures contracts, are financial agreements between two parties to buy or sell an asset at a predetermined price on a specific future date. This asset can be a commodity like oil or gold, a financial instrument such as currencies or stock market indices, or even interest rates. The price agreed upon is the futures price, and the date is the expiration date.
The primary purpose of framtíðarverðbréf is to allow participants to hedge against price volatility. For example,
Futures contracts are traded on organized exchanges, which standardize the terms of the contracts, including quality,
The value of a futures contract fluctuates with the market price of the underlying asset. When the