The foundation of futures introduction includes futures and futures market: futures, as the name implies, in Chinese, futures means future, futures means future commodities, and buying and selling futures means buying and selling future commodities. The market for futures trading is called the futures market. As far as gold futures are concerned, it is the gold futures trading opened by Shanghai Futures Exchange (referred to as the last issue). Zhengshang Institute is equivalent to the person who contracts the gold market. Everyone trades in this gold market, and the former office draws a handling fee from each transaction. Futures contracts and systems: futures exchanges implement the debt-free settlement system on the same day and the large-scale declaration system. The debt-free settlement system of the day is also called "marking the market day by day". It means that after the daily trading, the exchange calculates the profit and loss, trading margin, handling fees, taxes and other expenses of all contracts according to the settlement price of the day, and transfers accounts receivable and accounts payable at the same time, thus increasing or decreasing the settlement reserve of members accordingly. The large amount declaration system means that when the positions of members or customers of the exchange reach the position declaration standards stipulated by the exchange, members or customers should declare to the exchange. Types of futures futures can be roughly divided into two categories, commodity futures and financial futures. The main varieties of commodity futures can be divided into three categories: agricultural futures, metal futures (including base metals and precious metals futures) and energy futures; The main varieties of financial futures can be divided into foreign exchange futures, interest rate futures (including medium and long-term bond futures and short-term interest rate futures) and stock index futures. The so-called stock index futures are futures with the stock index as the subject matter. After a certain period of time, the two parties trade the price level of the stock index and make delivery by cash settlement of the price difference. Futures Exchange: Current situation of domestic futures market: (1); Shanghai Futures Exchange: The main products are copper, aluminum, zinc, rubber, gold and fuel oil (2); Dalian Commodity Exchange: The main varieties are soybean, soybean oil, soybean meal, corn, palm oil, polyethylene and eggs (3); Zhengzhou Commodity Exchange: wheat, cotton and sugar. (4) China Financial Futures Exchange: Stock Index Futures and Treasury Bonds (5), Shanghai International Energy Trading Center: Trading Language of Crude Oil Futures: There are many terms for futures trading, the most important ones are margin, delivery, futures leverage, opening, closing, settlement price, price limit, opening price and closing price. Knowing these trading terms means knowing the rules of futures trading. If you don't know the specific meaning of these trading terms, you can't understand them.