Forward and Futures Contracts Both forward and futures contracts lock in a price today for the purchase or sale of something in a future time period E.g., for the sale or purchase of commodities like gold, canola, oil, pork bellies, or for the sale or purchase of financial instruments such as currencies, stock indices, bonds. Futures and Forwards A future is a contract between two parties requiring deferred delivery of underlying asset (at a contracted price and date) or a final cas… Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. R.M. PPT - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. risk mgt