Please help me to clear certain basics regarding the commodity segment as I am an absolute noob here.
Today copper(28 June expiry) and Crude Oil (19 June expiry) opened at 408.25/- and 5651/- at the MCX (Indian exchange) respectively.
1. Are these the futures or options of copper and crude oil ?
2. How much money is needed for buying and selling of 1 contract of each of them? (Also, please specify their lot sizes).
3. Why do they have different expiry dates?
Today copper(28 June expiry) and Crude Oil (19 June expiry) opened at 408.25/- and 5651/- at the MCX (Indian exchange) respectively.
1. Are these the futures or options of copper and crude oil ?
2. How much money is needed for buying and selling of 1 contract of each of them? (Also, please specify their lot sizes).
3. Why do they have different expiry dates?