Futures is a financial contract, including financial instruments or the sale of physical goods for future delivery (usually on a commodity exchange). A futures contract is a contract for buying and selling futures, and it is a proof that both parties agree to trade at a specific time.

Futures is a trading method that spans time. By signing a standardized contract (futures contract), the buyer and the seller agree to deliver a specified amount of spot at a specified time, price and other trading conditions. Usually, futures are traded on futures exchanges, but some futures contracts can be traded over the counter and over the counter.

Futures is a derivative financial commodity. According to the types of spot subject matter, futures can be divided into commodity futures and financial futures. Among people who participate in futures trading, hedgers (or hedgers) lock in profits and costs by buying and selling futures to reduce the risk of price fluctuation brought by time. Speculators (arbitrageurs) take more risks through futures trading and wait for opportunities to profit from price fluctuations.

Many futures markets are developed from forward contracts, which refer to one-to-one intertemporal trading contracts, and the trading details are agreed by buyers and sellers themselves. Futures contracts are standardized by exchanges, allowing traders from all directions to easily match transactions on the same platform. Option is another derivative financial commodity derived from futures contracts.