If you already trade spot gold or a currency pair, you are trading a market whose price is substantially set somewhere else — on a futures exchange. This section explains that market: what the contracts are, what a tick is worth, when they expire, and how the exchange-traded version differs from the spot product your broker quotes.
We cover the contracts relevant to a forex and bullion trader — metals, energy, the FX majors, equity indices, interest rates and crypto. We do not cover agriculture.