For example, if a patient refuses to pay after being examined by a doctor, the patient has breached a contract implied in fact. A contract which is implied in law is sometimes called a quasi-contract. Such contracts are means for courts to remedy situations in which one party would be unjustly enriched were he or she not required to compensate the other. Because they are traded on an exchange, exchanges partner with clearinghouses that act as the counterparty when you go to buy futures through your broker. As of August 2024, the most traded futures were in equities, interest rates, energy, metals, currencies, and agriculture.
Futures trading requires the buyer to purchase and the seller to sell the underlying asset at the set price, regardless of the market price, at the expiration date. No, future contracts are generally not the white label crypto exchange software by wl global solutions best investment for most individual investors. While futures provide leverage and allow speculating on the direction of stock prices, they come with significant risks.