This refers to the modern credit currency. There are two forms of modern credit currency: paper money and bank demand deposits, which can be regarded as bank liabilities. They have obtained the qualifications generally accepted by the public, and there will be no trouble in transferring them. This complete liquidity can be regarded as an extreme of financial instruments.

2. Securities

These financial instruments also have the characteristics of circulation, transfer and acceptance, but there are certain conditions. Including certificates of deposit, commercial paper, stocks, bonds, etc. Their acceptance depends on the nature of this financial instrument.

3. Credit card

CreditCard (English: credit card), also known as credit card. It is a non-cash transaction payment method and a simple credit service. Paying the price of goods in advance or paying in installments with the bank's money belongs to the expense of early consumption and the return of goods points.

4. stocks

Stock is a kind of valuable securities, which is a stock certificate issued by a joint-stock company to investors when raising capital, representing the ownership of the joint-stock company by its holders (that is, shareholders). Stock is the abbreviation of share certificate, which is a kind of securities issued by a joint-stock company to shareholders as a holding certificate to raise funds and obtain dividends and bonuses.

Each share represents the shareholder's ownership of the basic unit of the enterprise. Shares are part of the capital of a joint-stock company and can be transferred, traded or mortgaged at a fixed price. It is the main long-term credit tool in the capital market.

5. Foreign exchange

It is the creditor's rights held by the monetary management organs (central bank, monetary management institutions, foreign exchange stabilization fund, Ministry of Finance) in the form of bank deposits, Treasury bonds, long-term and short-term government securities, etc. , which can be used when the balance of payments is in deficit.

6. Futures

Futures and spot are completely different. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts with certain mass products such as cotton, soybeans and oil and financial assets such as stocks and bonds as the targets. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.