In 1867 the market grows enough, at that times there was a large market in Liverpool with the name of “cargoes to arrive”. Then in 1869 Cotton Broker’s association had published the rules for Cotton Futures trading.
Before getting in you need analyze that, does your trading career in the futures trading market hold the bright promise? For many it does but not for everyone. Before taking the dive If you become well aware with the hurdles and pitfalls then you can better plan your career in futures trading market.
Advantages of Futures Trading, Future contracts, because of the way they are designed and traded in the specific exchange, have many Intrinsic advantages over trading stocks.
A futures contract is a legal agreement between two parties always a buyer and seller to buy or sell an asset/security at the specific future date and price.