First, the subject matter of the transaction is financial commodities. Most of these trading objects are intangible and virtual securities, excluding actual physical goods;

Second, financial futures are standardized contract transactions. As a trading object, financial commodities are homogeneous, undeliverable and standardized in yield and quantity, such as currency, transaction amount, liquidation date and trading time in commodity market. The only uncertainty is the transaction price;

Third, financial futures trading adopts open bidding to determine the buying and selling price. It can not only form an efficient trading market, but also has high transparency and credibility;

Fourth, financial futures trading is a membership system. Non-members must participate in financial futures trading through member agents. Because the direct transaction is limited to the same member, and the member is also a settlement member, the credit risk of the transaction is small and the security is high.

Fifth, the standardization of delivery time. The delivery period of financial futures contracts is usually three months, six months, nine months or twelve months, and the longest is two years. The delivery time within the delivery period depends on the transaction object. The characteristics of financial futures: the subject matter is financial goods, the transaction is standardized, the bidding is open, the security is high, and the delivery period is determined.

Financial futures trading is centralized, and financial futures trading is subject to the supervision of regulatory agencies. The content of financial futures trading clearly stipulates that financial futures need not worry about trading default.

On September 8, 2006, China Financial Futures Exchange was established in Shanghai. As the first financial derivatives exchange established in China, the establishment of China Financial Futures Exchange officially opened the curtain of the development of financial derivatives market in China. 20 10, 1,1agreed to launch stock index futures varieties on October 8, and officially started to open accounts on February 22.

Stock valuation 1 1_ financial market basic knowledge test center

Books are a window of the world, and people know the world through these many windows. A book is a ship, carrying people sailing in the ocean of knowledge. For preparing for the securities qualification examination, candidates should not leave the textbook.