What are the rules of futures trading?
Currency futures traders must pay a certain margin to the exchange before they can entrust brokers to conduct public bidding on the floor according to the currency and quantity of transactions they need. The buyer only quotes one or two buying prices and amounts, and the seller only quotes one selling price and amount. The two sides reached a deal through the clearing house of the exchange. The function of currency futures trading is to prevent and transfer exchange rate risks, so as to achieve the purpose of maintaining value, and it can also be used as a means of speculation. The settlement department in the currency futures market, as the third party of both parties to the transaction, bears the responsibility of ensuring the performance of the contract. Even if any party in the contract breaches the contract, the currency futures trading contract will still be fulfilled. Therefore, the ultimate buyer or seller of currency futures contracts is not important.