What is futures in SAP FIN-FSCM-TRM-TM - Transaction Manager?

SAP Term: futures

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: A collective term for listed, standardized futures contracts in which two parties agree to purchase or sell a given amount of an underlying instrument on a specific date in the future. &EXAMPLE& Stock index futures Interest rate futures Currency futures

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• Key Concepts: 
  Futures are financial instruments that allow two parties to enter into a contract to buy or sell an asset at a predetermined price at a specified date in the future. In SAP Transaction Manager, futures are used to manage the risk associated with price fluctuations in commodities and other assets. 
  
  How to use it: 
  In SAP Transaction Manager, futures can be used to hedge against price fluctuations in commodities and other assets. Futures contracts can be created and managed in the system, and the system can be used to monitor the performance of the contracts. The system also provides tools for analyzing the risk associated with futures contracts. 
  
  Tips & Tricks: 
  When creating a futures contract, it is important to consider the expiration date of the contract and the underlying asset. It is also important to consider the liquidity of the underlying asset, as this will affect the ability to close out a position. 
  
  Related Information: 
  For more information on futures and how they are used in SAP Transaction Manager, please refer to the SAP help documentation. Additionally, there are many online resources available that provide more detailed information on futures and their use in financial markets.