Meaning of the word "futures exchange" in English
What does "futures exchange" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
futures exchange
US /ˈfjuːtʃərz ɪksˈtʃeɪndʒ/
UK /ˈfjuːtʃərz ɪksˈtʃeɪndʒ/
Noun
1.
a central financial marketplace where participants can buy and sell standardized futures contracts and options on futures contracts
Example:
•
The Chicago Mercantile Exchange is a prominent futures exchange.
•
Investors use the futures exchange to hedge against price fluctuations.
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