ELI5: Explain Like I'm 5

futures market

The futures market is like a store where people can buy and sell a type of investment called futures. A future is a contract to buy or sell something at a later date, usually at a specific price. For example, a farmer can make a future with a buyer to sell their crop, such as wheat, at a specific price on a specific date. That way, the farmer knows exactly how much money they will get for their crop when it's ready to be sold.