First, the subject matter of the transaction is financial commodities. Most of these trading objects are intangible and virtual securities, excluding actual physical goods;
Second, financial futures are standardized contract transactions. As a trading object, financial commodities are homogeneous, undeliverable and standardized in yield and quantity, such as currency, transaction amount, liquidation date and trading time in commodity market. The only uncertainty is the transaction price;
Third, financial futures trading adopts open bidding to determine the buying and selling price. It can not only form an efficient trading market, but also has high transparency and credibility;
Fourth, financial futures trading is a membership system. Non-members must participate in financial futures trading through member agents. Because the direct transaction is limited to the same member, and the member is also a settlement member, the credit risk of the transaction is small and the security is high.
Fifth, the standardization of delivery time. The delivery period of financial futures contracts is usually three months, six months, nine months or twelve months, and the longest is two years. The delivery time within the delivery period depends on the transaction object.