How do futures work? I assume traders buy "paper" cargos that are either sold at a profit or loss when that future date arrives?
Iron Ore Price, page-2161
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Last
$19.13 |
Change
-0.090(0.47%) |
Mkt cap ! $59.14B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.32 | $19.04 | $25.96M | 1.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 744 | $19.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.13 | 2000 | 7 |
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| Last trade - 12.19pm 05/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |