2. Futures price refers to the price at which the buyer and the seller agree to implement delivery on a certain date after the transaction is established. Futures trading is a kind of forward delivery (three months, six months, one year, etc.). ) according to the time, place and quantity specified in the contract. Its biggest feature is that trading and delivery are not synchronized, and delivery is carried out after a certain period of trading.
3. Bond/debenture is a kind of financial contract, which is a debt certificate issued to investors by the government, financial institutions and industrial and commercial enterprises when they directly borrow money from the society to raise funds. At the same time, they promise to pay interest at a certain interest rate and repay the principal according to the agreed conditions. The essence of a bond is a certificate of debt, which has legal effect. There is a creditor-debtor relationship between the bond buyer or investor and the issuer, the issuer is the debtor and the investor (bond buyer) is the creditor [1].