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points by svpk 4 days ago | 0 comments
A future is a contract to deliver a good at a time at a price. That's ordinary business. All of the scaffolding around futures contacts is at core built around buying and selling actual stuff. A pork future is an agreement to buy actual pork.

The event contract isn't tied to the delivery of a good or service.

[–] 15155 4 days ago
What are /ES futures? Or every other cash-settled future or futures options contract?
[–] joshheitzman 4 days ago
I asked about option contracts not futures contracts. As to futures contracts there are many that are not associated with anything physical (e.g. stock indexes, bitcoin, US treasuries, etc.).
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