Currency futures contract refers to a standardized contract for trading a certain amount of currency at a specific exchange rate on a specific date. It not only provides an effective hedging tool for financial institutions and investors, but also provides a new profit-making means for arbitrageurs.

Currency futures, also known as foreign exchange futures, refers to futures contracts with exchange rates as the subject matter. Currency futures trading refers to the foreign exchange delivery method in which buyers and sellers make delivery at the agreed exchange rate within the expiration date agreed in the contract according to regulations. After the futures transaction is closed by open outcry, the buyer and the seller promise to deliver a certain standard amount of foreign currency at the current agreed price on a specific date in the future, that is, the contract signed by the buyer and the seller according to the agreed quantity, price and delivery date.