Futures Market at Lisbon art Fair

The Mews Project Space will be at the Lisbon Art fair as part of the project "Terraços" selected by Filipa Oliveira.  24/11/2010 - 28/11/2010

In finance, a futures contract is a standardized contract between two parties to buy or sell a specified asset (eg.oranges, oil, gold) of standardized quantity and quality at a specified future date at a price agreed today (the futures price). The contracts are traded on a futures exchange. Futures contracts are not "direct" securities like stocks, bonds, rights or warrants. They are still securities, however, though they are a type of derivative contract. The party agreeing to buy the underlying asset in the future assumes a long position, and the party agreeing to sell the asset in the future assumes a short position.

The price is determined by the instantaneous equilibrium between the forces of supply and demand among competing buy and sell orders on the exchange at the time of the purchase or sale of the contract.
In many cases, the underlying asset to a futures contract may not be traditional "commodities" at all – that is, for financial futures, the underlying asset or item can becurrencies, securities or financial instruments and intangible assets or referenced items such as stock indexes and interest rates.
The future date is called the delivery date or final settlement date. The official price of the futures contract at the end of a day's trading session on the exchange is called thesettlement price for that day of business on the exchange[1].


Participating Authors:
Adam Knight, Giorgio Sadotti, Mikael Larsson, Francisco Sousa Lobo, Hugo Dinis, Marta Caldas e Andreia Brandão, Vasco Barata, Sara Nunes Fernandes e Lúcia Prancha, Beatriz Albuquerque, Albuquerque Mendes, Cathrine Kramer, Ana Fonseca, Skinjobs (Adam Latham and Rich Cash), Nelson Crespo, Chloe Brooks, Ana Anacleto, David Rickard, André Uerba, Romeu Gonçalves, Marta Moura, Margarida Gouveia, Bruno Ramos, Estudio Candonga (Rita GT e Francisco Vidal), Carlos Noronha Feio, Emmett Walsh, Mara Castilho, Teresa Noronha Feio e Elodie Morard, Sara & André com António Contador, Lindsay Jarvis, Mario e Carlos, Carlos Carneiro/London Sessions, Lourival Cuquinha, André Alves, The Mews Project Space, Rui Gonçalves Cepeda, White Tent, Catarina Viana.


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