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Eric
Eric
Posts:1
2007-04-11 10:24:14
How does the trading in Futures and Options takes place???
How does the trading in Futures and Options takes place???
null
null
Posts:1
2007-04-11 10:40:16
Almost all Options and Futures in the U.S. are traded through the following exchanges.

Chicago Board Options Exchange - CBOE

Chicago Board Of Trade - CBOT

Chicago Mercantile Exchange - CME

Here is the Definition of an Option from investorpedia.com

A privilege sold by one party to another that offers the buyer the right, but not the obligation, to buy (call) or sell (put) a security at an agreed-upon price during a certain period of time or on a specific date.

Definition of Futures

An auction market in which participants buy and sell commodity/future contracts for delivery on a specified future date. Trading is carried on through open yelling and hand signals in a trading pit.
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