Futures, usually futures contracts. It is a standardized contract made by the futures exchange, which stipulates to deliver a certain number of subject matter at a specific time and place in the future. This topic can be commodities, financial instruments or financial indicators. If the buyer of a futures contract holds the contract until the expiration date, he is obliged to buy the subject matter corresponding to the futures contract; However, if the seller of a futures contract holds the contract until it expires, he is obliged to sell the subject matter corresponding to the futures contract, and the trader of the futures contract can also choose to reverse the transaction before the contract expires to offset this obligation. The broad concept of futures also includes option contracts traded on exchanges. Most futures exchanges list both futures and options.