1. Financial futures have no actual underlying assets (such as stock index futures, etc.). ), and commodity futures are traded with physical commodities, such as agricultural products and metals.

2. The delivery of financial futures is very convenient. The delivery of commodity futures is more complicated. In addition to strict regulations on delivery time, place and delivery method, delivery grades should also be strictly divided. The delivery of financial futures is generally settled in cash, so it is much simpler. In addition, even if some financial futures (such as foreign exchange futures and bond futures) are delivered in kind, because these products are homogeneous, there is basically no transportation cost.

3. Some financial futures have a longer term than commodity futures, and the futures contract of long-term US government bonds can be valid for several years. Commodity futures prices, especially agricultural futures prices, are obviously affected by seasonal factors.