Until the 1970s, there were only commodity futures. Current examples of popular commodity futures contracts are wheat, corn and sugar in the food category. Energy futures include oil and gas.

Futures trading allows investors to speculate on asset prices with contracts that commit them to buy or sell at a set future date and price. This approach allows for leverage, enabling traders to ...

The contract begins next season and features an average annual value of $14 million. "I'm really happy for him and his family," said McDavid. "Well deserved. He deserves every penny.