Options, foreign exchange futures, foreign exchange options, currency swaps, futures, etc.

1. Options

An option refers to a contract that originated in the American and European markets in the late eighteenth century. The right to buy or sell an asset at a fixed price at any time before a date. ?

2. Foreign exchange futures

Foreign exchange futures are referred to as FxFut, which is the abbreviation of "Forex Futures". In a centralized futures exchange, both parties to the transaction use open bidding to A non-domestic currency is bought or sold in another non-domestic currency and a contract is signed to deliver a standard amount of foreign exchange at a certain date in the future based on an agreed price.

For the convenience of explanation, we first distinguish foreign exchange futures trading in a broad sense from foreign exchange futures trading in a narrow sense.

3. Foreign exchange options

Foreign exchange options (foreign exchange options) are also called currency options. They refer to the future options that the buyer of the contract will obtain after paying a certain option premium to the seller. The option to buy or sell a certain amount of foreign exchange assets at a specified exchange rate on an agreed date or within a certain period of time. ?

4. Currency swap

Currency swap (also known as currency swap) refers to the exchange between two debt funds with the same amount, the same term, but different currencies. , and also conduct currency exchanges with different interest amounts. Simply put, interest rate swaps are the exchange of debts in the same currency, while currency swaps are the exchange of debts in different currencies.

5. Futures

Futures are completely different from spot goods. Spot goods are real goods (commodities) that can be traded. Futures are not mainly goods, but some kind of public goods. Products such as cotton, soybeans, oil, etc. and financial assets such as stocks, bonds, etc. are standardized tradable contracts. Therefore, the subject matter can be a certain commodity (such as gold, crude oil, agricultural products) or a financial instrument.