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After all, stocks were just shares and bonds were just debt, but futures seemed way more complicated. 𝑓𝑟ℯ𝘦𝓌𝘦𝘣𝑛𝑜𝓋𝑒𝓁.𝑐ℴ𝓂

But after some discussion, people suddenly realized that futures were actually pretty simple too.

So-called futures were just agreeing on a price for goods in advance, then both parties signing a contract. When the time came, you’d take the contract and pick up the goods.

In other words, spot goods were actual tradable commodities, while f ...

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