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A futures contract can be bought and sold constantly until the expiration date. A trader, for example, might buy a futures contract on crude oil at 10:00 a.m. for $70 and sell it at 3:00 p.m. for $72.
Futures techniques used in the multi-disciplinary field of futurology by futurists in Americas and Australasia, and futurology by futurologists in EU, include a diverse range of forecasting methods, including anticipatory thinking, backcasting, simulation, and visioning.
The futures wheel is a method for graphical visualisation of direct and indirect future consequences of a particular change or development. It was invented by Jerome C. Glenn in 1971, when he was a student at the Antioch Graduate School of Education (now Antioch University New England ).
Futures exchanges establish a minimum amount that the price of a commodity can fluctuate upward or downward. This minimum fluctuation (trade increment) is known as a tick or commodity tick . Hence, a tick is any fluctuation in the price of a security .
A corn exchange is a building where merchants trade grains. The word "corn" in British English denotes all cereal grains, such as wheat and barley; in the United States these buildings were called grain exchanges .
The major distinguishing characteristic of backcasting analyses is the concern, not with likely energy futures, but with how desirable futures can be attained. It is thus explicitly normative , involving "working backwards" from a particular future end-point to the present to determine what policy measures would be required to reach that future.
A set of solution add-ons that include collections of task-oriented templates and vector stencils libraries, [5] have been released for ConceptDraw DIAGRAM, relating to certain industry-specific graphical tasks. Starting with version 11, DIAGRAM supports using the LaTeX typesetting system in formulas and text. [6]
An animated cobweb diagram of the logistic map = (), showing chaotic behaviour for most values of >. A cobweb plot , known also as Lémeray Diagram or Verhulst diagram is a visual tool used in the dynamical systems field of mathematics to investigate the qualitative behaviour of one-dimensional iterated functions , such as the logistic map .
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