Enrolment options
Introduction to Futures Contracts
Course modified date: 22 September 2025
- Course Duration:1.0 hr
- Course Full Fee:SGD 60
Course information
Synopsis
This course covers the most basic of derivative contracts, namely futures contracts, and how they work. The main uses of futures contracts are to reduce risk, to lock in the supply or sale of a commodity in the future, and to earn a profit for taking on risks. We also discuss the uses of futures contracts and the various risks associated with futures.
Learning Objectives
- (1) Know the difference between a spot transaction and a futures contract
(2) Understand how a forward contract compares with a futures contract
(3) Know the use of futures for hedging risks and for speculative purposes
(4) Know what going “long” and “short” mean
(5) Know the mechanics of a futures contract
(6) Understand the key features to note in a futures term sheet
(7) Know the various types of risk in using futures, such as basis risk, market–to–market risk, liquidity risk and leverage
Course Instructor
Chan Onn
Content Expert
Dr. CHAN Onn's background is in the field of Mathematics. He was a faculty member of the department of Mathematics at NUS and was part of the Financial Markets Education team at UBS AG Singapore.
Funding Options
Concessionary rates are also available for bulk enrolments. Please email us at smartlearn@comeandsee.com.sg and we will reply to you within 2 working days.