explain

This query is : Resolved 

02 December 2010 can any one explain what is ?
1. Future & Options
2. Overseas Trading

23 December 2010 If you buy a share today at today's price it is a present transaction.
If you "agree to buy" a share at a future date at an agreed price it is a future. It can be share or anything.
Both buyer and seller has to do the transaction at the agreed price on the agreed date.

If you understood then pls confirm so that we can proceed with the next.



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