What are Financial Futures?

What are Financial Futures?
A futures contract is a legal agreement to buy or sell a particular asset at an agreed price at an agreed time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange. The buyer of a futures contract is taking on the obligation to buy the underlying asset when the futures contract expires. The seller of the futures contract is taking on the obligation to provide the underlying asset at the expiration date.
These classes are all based on the book Trading and Pricing Financial Derivatives, available on Amazon at this link. amzn.to/2WIoAL0
Check out our website www.onfinance.org/
Follow Patrick on twitter here: / patrickeboyle

[@robertplatt643]

Kudos to Prof. Boyle for making an affordable textbook, as opposed to mulcting students for their last farthing.

[@jamesnoelward9475]

It is a form of robbery, and economic rent, and argument from authority all combined. If you make full professor, the publishers will even write the book for you to charge NFPs euro 200.

[@samsonsoturian6013]

The most expensive non-fiction books are the ones no one reads but the author must still be paid well for.

[@mphuong002]

I'm a grad student in Finance, and my derivatives Prof. sucks (he's an expert in the field, but he sucks at teaching). So now Boyle is my new derivatives Prof. Thank you so much and thank the Internet for making this possible! 🎉

[@lg2058]

Amazing ability to clearly explain basic stuff without drawing anything

[@vuemeca]

Superior content on these topics. I'm learning a lot.

[@dabd8175]

I found your futures playlist lol nice

[@PBoyle]

I hope it is helpful!

[@andytolle4352]

Thank you Patrick

[@jacobm7026]

So are futures and forwards the exact same thing? I'm getting that futures are standardized and traded with a intermediary body that keeps them accountable, whereas forwards are more tailored contracts that aren't governed by some market body

[@tradingscape8910]

thank you sir part 2

[@yuz681]

The book is out of print. Does anyone know why and how to get the book?

[@dysonbros]

Is your book now out of print?

[@BolsaGuarani]

Thanks good Video.

[@PBoyle]

Thanks!

[@helpyourcattodrive]

Love this.

[@subramanianramanathan1052]

If I'm a future buyer, will I have an option to choose either cash settlement or physical delivery? How does it work?

[@theone9273]

It depends on what type asset the underlying commodity is AND what the contract actually states. You just have to read the contract to see what the deliverable is. This is an OTC derivative so if you wanted to make it specific to you, you could trade forwards.

[@arcanisomnipotent5794]

Do you have a video of how accurate is the big short movie.

[@sunnyarora3557]

after buys options it ceased all of my other investment options

[@drunkgambler3482]

Helpful

[@betllatrix534]

THanks sir

[@waveware4678]

So is future like promising someone you will buy their product sometime in the future at a predetermined price ?

[@PBoyle]

exactly

[@fuhat1040]

knowledge holy shit only 18 people rofl

[@roc7880]

that fucking background noise.