Futures
The Sydney Futures Exchange (SFE) was the 10th largest derivatives exchange in the world, providing derivatives in interest rates, equities, currencies and commodities. The SFE is now part of ASX and its most active products are:
- SPI 200 Futures – Futures contracts on an index representing the largest 200 stocks on the Australian Stock Exchange by market capitalisation.
- AU 90-day Bank Accepted Bill Futures – Australia's equivalent of T-Bill futures.
- 3-Year Bond Futures – Futures contracts on Australian 3-year bonds.
- 10-Year Bond Futures – Futures contracts on Australian 10-year bonds.
The ASX trades futures over the ASX 50, ASX 200 and ASX property indexes, and over grain, electricity and wool. Options over grain futures are also traded.
Read more about this topic: Australian Securities Exchange
Famous quotes containing the word futures:
“One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.”
—Gertrude Stein (1874–1946)