2.6 Other Key points about futures They are settled daily Closing out a futures position involves entering into an offsetting trade Most contracts are closed out before maturity Options Futures, and other Derivatives, 5th edition C 2002 by John C. HullOptions, Futures, and Other Derivatives, 5th edition © 2002 by John C. Hull 2.6 Other Key Points About Futures • They are settled daily • Closing out a futures position involves entering into an offsetting trade • Most contracts are closed out before maturity