Which of the following is an agreement to trade an asset on some future date, at a price that is fixed today?

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A futures contract is an agreement to trade an asset on some future date, at a price that is fixed today. Notional contract refers to a hypothetical or imaginary contract, margin refers to the amount of money required to be deposited by a trader with a broker before engaging in a transaction, and interest rate swap refers to an agreement to exchange interest rate cash flows based on a specified notional amount.

Which of the Following Is an Agreement to Trade an Asset