3. Forward and futures prices Summary Short selling The repo rate Forward Contracts Forward Price vs, Futures price Stock index Futures Forward and futures contracts on currencies Charles cao1 Charles Cao 3. Forward and Futures Prices ◼ Summary ◼ Short Selling ◼ The Repo Rate ◼ Forward Contracts ◼ Forward Price vs. Futures Price ◼ Stock Index Futures ◼ Forward and Futures Contracts on Currencies