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Futures

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Futures

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.
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  • November 25, 2014 at 12:03 pm #213116
    nupurkum
    Member
    • Topics: 9
    • Replies: 46
    • ☆☆

    Hi
    please can you let me know in simple words,
    when to sell futures and when to buy.
    im really confused .. thankyou

    November 26, 2014 at 8:55 am #213309
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54709
    • ☆☆☆☆☆

    You look at what currency the contract size is quoted in.

    If the transaction involves selling that currency, then you sell futures. If the contract involves buying that currency, then you buy futures.

    You should watch the free lecture on this for explanation as to why and for examples.

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