Buyers of financial futures place an order to buy a financial asset at a future date.

Name: Buyers of financial futures place an order to buy a financial asset at a future date.
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Question

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Buyers of financial futures are essentially placing an order to buy or sell a financial asset at a future date, based on the price agreed upon at the time the futures contract is entered into. The buyer is obligated to buy the asset at the agreed upon price on the specified date.

Buyers of Financial Futures Place an Order to Buy a Financial