Forex futures trading refers to the foreign exchange delivery method in which the buyer and the seller make delivery at the agreed exchange rate within the expiration date agreed in the contract according to the regulations. After the futures transaction is closed by open outcry, the buyer and the seller promise to deliver a certain standard amount of foreign currency at the current agreed price on a specific date, that is, the contract signed by the buyer and the seller according to the agreed quantity, price and delivery date.

Example of hedging: If you are an enterprise, you want to trade with a foreign company, but the currencies used by both of you are different. For example, your company and other companies agree to conduct a transaction at a certain time in the future, and other companies invest in your company's products, and the transaction price is XX dollars. You are worried that the depreciation of the US dollar against the RMB will affect the expected income, so do the opposite in the foreign exchange futures or forward market to make up for your reduced income due to the depreciation of the US dollar.

Speculation: It is the same as ordinary futures speculation, except that the target is foreign exchange. Futures trading is to obtain speculative profits by judging the future trend of foreign exchange.