1. The transaction and delivery are not synchronized, and the delivery is allowed after a certain period of time;

2. As the financial market changes frequently, and the futures trading must be settled according to the pre-agreed price, it is bound to happen that the market price at the time of delivery is inconsistent with the trading price. If the price rises at the time of delivery, the buyer can benefit, otherwise the buyer will suffer losses;

3. At the time of delivery, the buyer and the seller can offset each other through liquidation without physical exchange;

4. Because of the time difference and price difference of futures trading itself, it will bring benefits to traders, so investors who participate in futures trading hope to protect their investments and avoid the losses caused by market changes, while speculators try to make use of the time difference and price difference of this kind of trading to buy cheaply and sell expensive and earn speculative profits.

Expand the information types of financial futures trading;

1. Foreign currency futures

Foreign currency futures are contracts for buying and selling a certain amount of foreign currency. In IMM department of Chicago Mercantile Exchange, a yen contract is 12500 yen, and its price is expressed in US dollars. There are seven kinds of foreign currency futures that can be traded in the US futures market: Canadian dollar, German mark, Swiss franc, French franc, Japanese yen, British pound and European monetary unit.

2. Short-term interest rate loans

Short-term interest rate futures mainly deal with futures, expected loans, three-month Eurodollar deposit futures and six-month futures. Futures and three-month cp futures. Among them, the European dollar deposit futures agency is active, and the contract amount of commodities listed in LIEFE, IMM and SIMEX is 65,438+0,000,000, and the price is expressed by l00 minus the three-month interest rate of the basic commodities.

3. Long-term interest rate futures

Long-term interest rate futures, also known as I-Bond futures, are the most representative trading commodities. The commodities listed on CBT are based on bonds with a face value of US$ 65,438+0,000,000 and a remaining maturity of 20 years, and their prices are determined to be the same as the spot prices in the bond market. Long-term interest rate futures also include GNMA bond futures and treasury bond futures.

4. Stock index futures

Stock index futures is a new financial commodity developed to avoid the risk of price fluctuation. It is indexed by the price weight of dozens to hundreds of tickets, and then the futures of this index are bought and sold.

There are many kinds of stock index loans, mainly S& etc. Ploo stock index term loan; P500 stock index futures, stock index futures, NASDAQ 100 stock index futures, VLA stock index futures, etc. Among them, the S &:P500 stock index is the most popular.

References:

Baidu encyclopedia-financial futures trading