CME, CBOT & NYMEX on Ki Markets
A currency future contract is a legal agreement between a buyer and a seller to either buy or sell a specific currency at a predetermined future date and price. This financial instrument is often used as a hedge against the exchange rate risk. Most of the currency futures contracts are traded on the Chicago Mercantile Exchange (part of the CME Group). The underlying asset for a currency future contract is always a currency exchange rate. For example, Japanese yen currency futures are going to be based on the JPY/USD exchange rate. A currency futures ticker includes an alphanumeric code that represents the currency and expiration date. The Ki algorithms bring these insights to you in the form of the most active stocks and securities that meet the Algorithmic trading criteria utilizing variables such as time, price, and volume. Leveraging the speed and computational resources using decentralized computing methods. Even though this market segment is often perceived as a whole, each product behaves differently. You may sort the futures using various metrics to help you understand the product, its volatility, and price dynamics.