Foreign exchange futures have only four contract delivery days in a year, but they can be bought and sold at other times and cannot be delivered. If the bank is closed on the delivery date, it will be postponed for one day. The price of futures foreign exchange contracts is expressed by how many dollars a foreign currency is equal to. So except for the pound, the futures foreign exchange price and the contract foreign exchange rate are exactly the reciprocal. For example, the mark futures price in June 5438+February is 0.6200, and the reciprocal is exactly 1.438+026.
At present, the main varieties of forex futures trading are: US dollar, British pound, euro, Japanese yen, Swiss franc, Canadian dollar and Australian dollar. From a global perspective, the main market of foreign exchange futures is the United States, among which the international money market (IMM), Central American Commodity Exchange (MCE) and Philadelphia Futures Exchange (PBOT) of Chicago Mercantile Exchange are basically concentrated.