title = "Futures Contracts"

content = """
Futures contracts are standardized agreements to buy or sell at a specified
future date. HKEX lists index and single-stock futures for the Hong Kong market.

**Hang Seng Index Futures** are the most liquid Hong Kong equity derivative.
Contract specifications, expiry cycles, and margin requirements are standardized.

**Single-Stock Futures** allow leveraged exposure to individual names.
Liquidity varies by underlying. Margining reflects position risk.

**Rolling** involves closing near-month and opening far-month positions
before expiry. Roll cost and timing affect strategy performance.

**Cash Settlement** applies to index futures. No physical delivery;
positions settle to cash at expiry.
"""

version = "0.0.1"
