Title: Define terms associated with futures markets.
Course: Agricultural Business Management III (18201-36) > Section: Investigating Commodity Markets, Futures Markets, and Hedging Contracts

Definitions should include

- futures market
- futures contract
- mutual funds
- index funds
- exchange-traded funds
- leverage
- margin
- hedge
- financial derivatives
- underlying asset
- margin call
- stop-loss orders
- short position
- long position
- liquidity
- Commodity Futures Trading Commission (CFTC).

. Process/Skill Questions:

- Why is the futures market attractive to some corporations and investors?
- What are some factors that influence the futures market?
- Why is it important to make market projections?
- What is the difference between hedging and speculating?
- How are spot contracts used?
- How does understanding the history of the futures market help in hedging and speculation?