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How Prices Are Quoted

Posted By: National Futures Association (NFA)

Futures prices are usually quoted the same way prices are quoted in the cash market; in dollars, cents, and sometimes fractions of a cent, per bushel, pound or ounce; in points and percentages of a point for financial instruments; and in terms of an index number, for stock index contracts. Be certain you understand the price quotation system for the particular futures contract you are considering.

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Posted By: National Futures Association (NFA)

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