Term Paper-Discuss the characteristics or peculiarities of any type of futures contract (not limited to fixed income) traded on an exchange in the US.

Discuss the characteristics or peculiarities of any type of futures contract (not limited to fixed income) traded on an exchange in the US.

Please give enough information that the reader is able to get a good idea of the futures contract you are discussing.

For example, mention the underlying, the exchange, contract size, maturity dates, etc., anything else that is relevant. Mention your reason for interest in the product and discuss how the product is useful in the financial (and real assets) markets.