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Glossary of Futures Terms

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Glossary of Futures Terms: An Introduction to the Language of the Futures Industry

National Futures Association (NFA) has been designated by the Commodity Futures Trading Commission (CFTC) as a registered futures association. Its mission is to provide innovative regulatory programs and services that ensure futures industry integrity, protect market participants and help its members meet their regulatory responsibilities.

Some of the terms included in this glossary may have complex legal or technical meanings which are beyond the scope of the booklet. However, this glossary does provide a good introduction to the language of the futures industry.

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Commodity trading is not suitable for everyone. The risk of loss in trading can be substantial. When trading futures and/or options, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Carefully consider the inherent risks of such an investment in light of your financial condition. Past results are not necessarily indicative of future results. Please do your own research before investing in the futures market. This site contains no investment recommendations. The information and opinions contained herein comes from sources believed to be reliable, but are not guaranteed as to accuracy or completeness.

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