In finance, a futures contract (more colloquially, futures) is a standardized forward contract which can be easily traded between parties other than the two initial parties to the contract. The parties initially agree to buy and sell an asset for a price agreed upon today (the forward price) with delivery and payment occurring at a future point, the delivery date. Because it is a function of an underlying asset, a futures contract is a derivative product. Contracts are negotiated at futures exchanges, which act as a marketplace between buyers and sellers. The buyer of a contract is said to be long position holder, and the selling party is said to be short position holder.[1] As both parties risk their counterparty walking away if the price goes against them, the contract may involve both parties lodging a margin of the value of the contract with a mutually trusted third party. For example, in gold futures trading, the margin varies between 2% and 20% depending on the volatility of the spot market.

The first futures contracts were negotiated for agricultural commodities, and later for natural resources such as oil. Financial futures were introduced in 1972, and in recent decades, currency futures, interest rate futures and stock market index futures have played an increasingly large role in the overall futures markets.

The original use of futures contracts was to mitigate the risk of price or exchange rate movements by allowing parties to fix prices or rates in advance for future transactions. This could be advantageous when (for example) a party expects to receive payment in foreign currency in the future, and wishes to guard against an unfavourable movement of the currency in the interval before payment is receive.

Why Samridhi?
• Sound online Tech support
• To offer quality and incomparable services to our trading member.
• Having time tested record for clearing.
• World Class Infrastructure
• Flexible with the business needs /demands.
• Flexible approach with ever changing requirement.
• Highly competitive charges & best technology driven services

Help Desk : Write to us customercare@samridhistocks.com

Attention Investor

SCOREs Portal

Filing complaints on SCORES - Easy & quick :- a) Register on SCORES portal, b) Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, Email ID
Benefits :- a) Effective communication, b) Speedy redressal of the grievances

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary." "Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors" "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day......................issued in the interest of investors." "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investors account."


Regd. Office : 2/2B, Justice Chandra Madhav Road, Kolkata 700 020. Contact : 40694000 | M : 9062022000 | Email : jayantmaloo@samridhistocks.com

Exchange Membership No. NSE : 12733 | BSE : 6137 | MCX : 21470 | NSDL : IN304061 SEBI Regd. No. : INZ000191233 | IN-DP-NSDL-357-2012

In case of any grievances please write to : investors@samridhistocks.com

Website Designed by : Zeon Technology Services