Finance and Accounting Forwards and Futures instruments

Finance and Accounting Forwards and Futures instrumentsProject descriptionWith reference to relevant academic articles and literature, explain the key differences between Forwards and Futures with reference to the differing objectives of investors that are hedging andinvestors that are speculating. Based on your investigations, explain which of the Forwards and Futures instruments are likely to be more attractive to each category of investor and why?(Include numerical examples).!