Now, according to the classification, China, like the whole world, is mainly divided into two categories: commodity futures and financial futures.
Commodity futures include gold, silver, precious metals, copper, rebar, rubber, soybeans, corn and cotton, and then crude oil trading was launched on 20 18. The scale of futures trading is also much larger than that of stock and bond trading.
Even in China, the scale of futures trading is far greater than that of stock and bond trading. For example, in 20 18, the Shanghai Futures Exchange was dominated by commodities such as metals and rubber, with a trading volume of 163 trillion, while the trading volumes of Dalian and Zhengzhou Stock Exchanges were 104 trillion and 76 trillion respectively, both far exceeding the trading scale of Shenzhen Stock Exchange and Shanghai Stock Exchange of 450 trillion.
The transaction of buying and selling forward contracts of standardized commodities or financial assets in fixed trading places. According to this forward contract, the counterparty can buy or sell a certain amount of goods or financial assets at a specified price at some time in the future. Including commodity futures and financial futures. The main function is to guard against the risk of price changes. It can also be used for speculation.
Goods delivered within the agreed time limit after the sale is completed. It also refers to the mode of trade in which goods are delivered within the agreed time limit after the transaction. Economic Life 1988.9.5: "Recently, China silk fabrics are bullish in both spot and futures." Hangzhou Daily 1988.9. 16: "It is learned from the Working Group on Futures Market Research that China will launch some agricultural futures fairs in a few places and open experimental futures markets."