There are many kinds of financial assets, which can be divided into basic assets and financial derivatives, and financial futures is one of them. With the continuous development of China's capital market, the types of financial futures will be enriched and the trading volume will increase. But many investors don't know about financial futures, so what is a financial futures contract?

What is a financial futures contract?

Financial futures refers to a binding standardized contract for buying and selling a financial instrument, which generally stipulates the delivery time, price, specification and target. For example, taking the stock index of the stock market as the trading object, both parties can trade the stock index at the agreed time in the future. Financial futures have the characteristics of standardized contracts, leverage mechanism, centralized trading, hedging mechanism and daily debt-free settlement.

Financial futures are also divided into different types, except stock index futures, currency futures and interest rate futures. Currency futures, also known as foreign exchange futures, is a contract to buy or sell another non-domestic currency in a certain non-domestic currency and sign a standard amount of foreign exchange at an agreed price at a certain date in the future; Interest rate futures are futures contracts based on bonds.

At present, there are two kinds of financial futures that can be traded in China's market: stock index futures and treasury bonds futures. Compared with commodity futures, financial futures have the characteristics of high threshold for opening an account. Whether it is stock index futures or treasury bond futures, the threshold for opening an account is 500,000 yuan.