Welcome to the CME Education Department's Instant Web Lessons. If you're a newcomer to the futures markets and want a quick introduction to futures and options, these lessons will get you started learning what you need to know. The lessons are short, each one introducing a few concepts or set of facts. You can study the lessons in order or select your preferences from this list.

Futures Contract   Lesson 1

Futures Exchange   Lesson 2

Contracts Traded   Lesson 3

Supply and Demand   Lesson 4

Fundamental Analysis   Lesson 5

Technical Analysis   Lesson 6

Orders in the Pit   Lesson 7

Trading Pit   Lesson 8

Pit Participants   Lesson 9

Risk Management   Lesson 10

Hedgers & Speculators   Lesson 11

Options on Futures   Lesson 12

Reading Quotes   Lesson 13

Fun Facts & Stats   Lesson 14

GLOBEX   Lesson 15

Hand Signals Guide   Lesson 16