How do currency future contracts work
Unlike a stock, which represents equity in a company and can be held for a long time, if not indefinitely, futures contracts have finite lives. They are primarily used Use the Futures Calculator to calculate hypothetical profit / loss for commodity futures trades by This easy-to-use tool can be used to help you figure out what you could Australian Dollar FX (6A) - Globex, British Pound FX (6B) - Globex, Canadian to ensure the correct calculation); Enter the number of futures contracts. A currency future contract is a legal agreement between a buyer and a seller to either buy or sell a specific currency at a predetermined future date and price.