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Futures Price
The agreed-upon price for the future exchange of an asset; a financial contract specifying the price at which an asset, often a physical commodity or a financial instrument, will be bought or sold at a future date.
Spot Price
The current market price at which a particular asset, such as a commodity, security, or currency, can immediately be bought or sold.
Interest Rate Futures
Futures contracts that speculate on the future value of interest rates, allowing investors to hedge or speculate on changes in interest rates.
Initial Margin
The minimum amount of funds required to open a new position in a market, serving as a security deposit to cover credit risk.
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