Commodity futures and financial futures. Commodity futures are divided into industrial products (which can be subdivided into metal commodities (precious metals and non-precious metals) and energy commodities), agricultural products and other commodities. Financial futures are mainly traditional financial commodities (tools) such as stock index, interest rate and exchange rate. All kinds of futures trading include options trading.
Commodity futures:
Agricultural products futures: such as soybean, soybean oil, soybean meal, indica rice, wheat, corn, cotton, sugar, coffee, pork breast, rapeseed oil and palm oil.
Metal futures: such as copper, aluminum, tin, lead, zinc, nickel, gold, silver, rebar, wire, etc.
Energy futures: such as crude oil (plastics, PTA, PVC), gasoline (methanol) and fuel oil. Emerging varieties include temperature, carbon dioxide emission quota and natural rubber.
Stock index futures:
Stock index futures: such as FTSE index in Britain, DAX index in Germany, Nikkei average index in Tokyo, Hang Seng index in Hong Kong, Shanghai and Shenzhen 300 index, etc.
Interest rate futures:
Interest rate futures: Interest rate futures refer to futures contracts with bond securities as the subject matter, which can avoid the risk of securities price changes caused by interest rate fluctuations. Interest rate futures can generally be divided into short-term interest rate futures and long-term interest rate futures. The former is mostly based on the three-month interest rate of interbank lending, while the latter is mostly based on long-term bonds with more than five years.
Foreign exchange futures:
Foreign exchange futures, also known as currency futures, are futures contracts that convert one currency into another at the current exchange rate on the last trading day. Refers to futures contracts with exchange rate as the subject matter, which are used to avoid exchange rate risks. It is the earliest variety in financial futures.
Metal futures:
Metal is one of the more mature futures products in the world futures market today. Metal futures trading in the world is mainly concentrated in London Metal Exchange, the New York Mercantile Exchange and Tokyo Industrial Products Exchange. In particular, the trading price of the London Metal Exchange futures contract is recognized as the pricing standard for non-ferrous metals trading all over the world. Copper futures trading in China Shanghai Futures Exchange is growing rapidly.
The turnover of a single copper product has surpassed that of the New York Mercantile Exchange, ranking second in the world. General nonferrous metal futures are also called metal futures. Non-ferrous metals refer to all metals except ferrous metals (iron, chromium and manganese), among which gold, silver, platinum and palladium are called precious metals because of their high value.
The quality, grade and specification of non-ferrous metals are easy to be divided, with large trading volume, easy price fluctuation and storage resistance. It is very suitable for futures trading. The main trading varieties include copper, aluminum, zinc, tin, nickel and aluminum alloy futures contracts, among which copper is the leading product and the first established metal futures trading product with a history of more than 100 years.