Friday, October 1, 2010

Definition of Financial Future

 Courtesy of Wikipedia.
A financial future is a futures contract on a short term interest rate (STIR). Contracts vary, but are often defined on an interest rate index such as 3-month sterling or US dollar LIBOR.
They are traded across a wide range of currencies, including the G12 country currencies and many others.
  To read more click here.

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