Future Market

Segment of the market that includes buying/selling during trading sessions of contracts authorized by the futures exchange for settlement on a prefixed future date. The deal includes a buyer who agrees to pay a certain amount on the date set for the goods offered by the seller. The object traded may be a commodity, a security, a currency, or a benchmark index such as the Bovespa Index. The contracts traded are standardized by BM&F, which allows the trades to be streamlined.