The opening of overseas futures trading means that overseas brokerage institutions entrust domestic futures companies to conduct domestic futures trading of specific varieties after accepting the entrustment of overseas traders. With the approval of the futures exchange, qualified overseas brokerage institutions can accept the entrustment of overseas traders and directly conduct domestic futures trading of specific varieties on the futures exchange. Overseas futures refer to the futures trading where the exchange is located outside Chinese mainland. The products of exchanges in the United States, Britain and other countries are usually traded futures contracts.