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Identify the structure.
Futures Contract
A standardized legal agreement to buy or sell an asset at a predetermined price at a specified time in the future.
Portfolio's Beta
A measure of a portfolio's sensitivity to market movements, indicating how much the portfolio's value is expected to change with a change in the overall market.
S&P500 Value
Refers to the total market value of all stocks listed in the Standard & Poor's 500 Index, a commonly used representation of the U.S. equity market.
Futures Position
A commitment to buy or sell a specified amount of a commodity or financial instrument at a predetermined price at a specified time in the future.
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