Forex futures trading refers to buying and selling a certain amount of another currency in US dollars at an established exchange rate on an agreed date. There are similarities and differences between forex futures trading and contract spot trading. Contract spot foreign exchange is bought and sold through banks or foreign exchange trading companies, and foreign exchange futures are bought and sold in special futures markets. The main futures exchanges in the world are: Chicago Board of Trade, the New York Mercantile Exchange Board of Trade, Sydney Board of Trade, Singapore Board of Trade and London Board of Trade. The futures market must include at least two parts: one is the trading market and the other is the clearing center. After the buyer or seller of futures trades on the exchange, the clearing center becomes the counterparty until the futures contract is actually delivered. Foreign exchange futures and contract foreign exchange transactions are not only related, but also different in specific operation modes.