Futures are standardized contracts in which two parties agree to buy or sell a specific commodity, asset, or security at a predetermined price on a set future date.
Key Points About Futures Trading
Traded on Exchanges
Futures are traded on regulated exchanges like CME (Chicago Mercantile Exchange) and others in Europe and the U.S.Requires a Brokerage Account
You need a brokerage account that supports futures trading.Market Data Costs
Futures traders must subscribe to market data feeds, as this data comes directly from the exchanges.
βFunderPro Futures provides CME Level 1 (Top of Book) data for free with all subscriptions.