1. Basic products include: equity, creditor's rights, commodities, foreign exchange and money market.

Equity category: according to whether it is listed or not, it is divided into: stock and unlisted enterprise equity; According to the repayment order, it can be divided into: common stock, preferred stock, etc.

Creditor's rights (fixed income): bonds (which can be further subdivided), loans, commercial bills, convertible bonds, etc.

Commodities: including oil, precious metals (precious metals such as gold are sometimes classified as foreign exchange) and so on.

Foreign exchange and money market: all kinds of foreign exchange transactions and money market transactions.

2. Derivative products: financial products linked to the price or index of basic products, which can be understood as a function of the price of basic products. Classification can generally be divided into: future, option, swap and hybrid. Here, futures and forwards are actually the same kind of things, except that futures are traded in the exchange hall and forwards are traded in the OTC market. Hybrid products are all kinds of complex derivatives composed of forwards, options and swaps.

Asset-backed securities are also derivatives, or fixed-income products made of derivatives. Common CDOs are various, which are generally called ABS and MBS in China.

3. Asset management products. Funds are asset management products, not basic products or derivative products. Other asset management products include bank wealth management, trust and brokerage asset management plans.

There are also alternative investments, mainly referring to some special financial products, such as private equity investment funds (PE), art investment, hedge funds and so on.

Financial products can also be divided by market, that is, exchange market and OTC market. Different from the understanding of ordinary investors, the OTC market is actually the largest financial market, and its scale is much larger than that of the exchange market.