Universal stock futures - A range of standardised futures contracts on the shares of individual companies.The futures contract is an agreement between buyer and seller to buy or sell a given quantity of shares at some time in the future at a pre-determined price. The contract is cash-settled, which means that the stock does not actually have to be delivered, but the parties reconcile accounts based on the difference between the share price at the time of settlement and the contract price.Other features:you can go long or shortthere is no stamp duty to payyou can trade on marginyou have access to a wide range of global equitiesIn January 2001 The London International Financial Futures and Options Exchange (LIFFE) launched universal stock futures on an international list of leading global companies from eight countries.
Universal stock futures : a range of standardised futures contracts on the shares of individual companies.the futures contract is an agreement between buyer and seller to buy or sell a given quantity of shares at some time in the future at a pre-determined price. the contract is cash-settled, which means that the stock does not actually have to be delivered, but the parties reconcile accounts based on the difference between the share price at the time of settlement and the contract price.other features:you can go long or shortthere is no stamp duty to payyou can trade on marginyou have access to a wide range of global equitiesin january 2001 the london international financial futures and options exchange (liffe) launched universal stock futures on an international list of leading global companies from eight countries.
Universal stock futures