Current location - Trademark Inquiry Complete Network - Futures platform - Types of financial futures trading
Types of financial futures trading
According to the nature of financial commodities, financial futures can be divided into three types: foreign currency futures in a narrow sense, long-term interest rate futures and short-term interest rate futures, as well as stock index futures, financial options and gold futures in a broad sense.

1. Foreign currency futures

Foreign currency futures are contracts for buying and selling a certain amount of foreign currency. In IMM department of Chicago Mercantile Exchange, a yen contract is 12500 yen, and its price is expressed in US dollars. There are seven kinds of foreign currency futures that can be traded in the US futures market: Canadian dollar, German mark, Swiss franc, French franc, Japanese yen, British pound and European monetary unit.

2. Short-term interest rate loans

Short-term interest rate futures mainly deal with futures, expected loans, three-month Eurodollar deposit futures and six-month futures. Futures and three-month cp futures. Among them, the European dollar deposit futures agency is active, and the contract amount of commodities listed in LIEFE, IMM and SIMEX is 65,438+0,000,000, and the price is expressed by l00 minus the three-month interest rate of the basic commodities.

Show. For example, if the interest rate of the target commodity is 8.25%, the price of interest series futures is 9 1.75.

3. Long-term interest rate futures

Long-term interest rate futures, also known as I-Bond futures, are the most representative trading commodities. The commodities listed on CBT are based on bonds with a face value of US$ 65,438+0,000,000 and a remaining maturity of 20 years, and their prices are determined to be the same as the spot prices in the bond market. Long-term interest rate futures also include GNMA bond futures and treasury bond futures.

4. Stock index futures

Stock index futures is a new financial commodity developed to avoid the risk of price fluctuation. It is indexed by the price weight of dozens to hundreds of tickets, and then the futures of this index are bought and sold. There are many kinds of stock index loans, mainly S& etc. Ploo stock index term loan; P500 stock index futures, stock index futures, NASDAQ 100 stock index futures, VLA stock index futures, etc. Among them, the S &:P500 stock index is the most popular.