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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Futures
Hi
please can you let me know in simple words,
when to sell futures and when to buy.
im really confused .. thankyou
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.
