Futures contract, commodity

Commodity a leaf — nothing below it, 10 links to KBLI

Level: Commodity
Parent: 64111700
Below: 0
Links · KBLI: 10

Definition

UNSPSC 64111704

A standardized contract between two parties, usually on the floor of a futures exchange, to buy or sell a specified bulk commodity --agricultural, extractive, industrial or services-- of standardized quantity and quality for a price agreed upon today --the futures price-- with delivery and payment occurring at a specified future date, the delivery date, making it a type of derivative instrument. The contracts are negotiated at a futures exchange, which acts as an intermediary between the two parties and serves to minimize the risk of default by either party. Thus the exchange requires both parties to put up an initial amount of cash --performance bond--, called the margin.

Same parent

Under 64111700 · 12

64111701 Forward contract, financial Commodity 64111702 Forward contract, commodity Commodity 64111703 Futures contract, financial Commodity 64111704 Futures contract, commodity You are here 64111705 Carbon credit permit or certificate Commodity 64111706 Certified emission reduction CER unit Commodity 64111707 Renewable energy credit REC Commodity 64111708 Spot price contract Commodity 64111709 Swap contract Commodity 64111710 Call option contract Commodity 64111711 Put option contract Commodity 64111712 Rainbow option contract Commodity

Activities that produce or sell this

KBLI · 10

Inherited from family 64110000.

64210 Aktivitas Perusahaan Induk Sub-class 64310 Aktivitas Dana Pasar Uang Sub-class 64320 Aktivitas Dana Investasi Bukan Pasar Uang Sub-class 64330 Aktivitas Trust, Warisan, dan Keagenan Sub-class 64940 Aktivitas Sekuritisasi Sub-class 64994 Perdagangan di Pasar Keuangan atas Nama Sendiri Sub-class 64995 Perdagangan Unit Karbon atas Nama Sendiri Sub-class 64999 Aktivitas Jasa Keuangan Lainnya YTDL, Bukan Asuransi dan Dana Pensiun Sub-class 66112 Bursa Berjangka Sub-class 66114 Penyelenggaraan Perdagangan Kontrak Derivatif di Pasar Alternatif Sub-class

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