There are two types of derivative trading: standardised financial contracts with ... of the trading parties. While futures are highly liquid, forwards are typically low on liquidity.
Gross Return Futures and Forwards (GRFs) are listed on the same underlying stock classes as regular stock futures and forwards. GRFs are adjusted for all dividends (price reduction of gross ...
Contango is when the futures price is above the expected future spot price. A contango market is often confused with a normal futures curve. Normal backwardation is when the futures price is below the ...