Futures are traded in Contracts which represents ? something
If trading the SPI and current price is 4270 does that mean the price of a contract is $4,270. I read that change in trade return is $25 per point.
AS you can see am totally utterly confused andd have not found any information at various sites that tells me in black and white how you actually trade futures.
You buy contracts - what are these, etc
perhaps some nice soul can enlighten me on some real details