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What is a futures contract? How does a futures contract work in a commodity market? What is a forward contract? How does a forward contract

What is a futures contract? How does a futures contract work in a commodity market?

What is a forward contract? How does a forward contract work in a foreign exchange market?

What is an option contract? How does an option contract work in a stock market?

What is a swap contract? How does a swap contract work in an interest rate swap between two parties?

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