Came into being in 1984 and largely superceded the FT 30. An index containing the 250 largest companies by market capitalisation on the London Stock Exchange , created in 1992. The US name for an advisory stockbroker . The category, by geography or industry, in which the fund will invest. A type of derivative that allows you to bid for the right to pay a future value on either an index option or a commodity.
Futures have a fixed duration and normally only last for one year at the most.
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