Topic
Guides
4 articles
Guide
Margin and Leverage in Futures Trading, Explained
Margin and leverage in futures trading explained: initial and maintenance margin, daily mark-to-market, margin calls, and why losses can exceed your deposit.
Guide
How Commodity Prices Are Set: Supply, Demand and Futures
How commodity prices are set: the roles of supply, demand, inventories, spot and futures markets, benchmark grades, risk premiums and government data.
Guide
Contango and Backwardation Explained for Futures Traders
Contango and backwardation describe the shape of the futures curve. Learn what causes each, how roll yield works, and why it matters for commodity funds.
Guide
How Futures Contracts Work: A Plain-English Guide
A plain-English guide to how futures contracts work: standardized terms, clearinghouses, daily settlement, delivery versus offset, and who trades them.