This topic studies the development of financial futures. The development of financial futures has experienced the development of foreign exchange futures, interest rate futures and stock index futures. Among them, foreign exchange futures are the earliest listed financial futures, and the International Money Market Division (IMM) established by Chicago Mercantile Exchange (CME) was also the first to be launched. After foreign exchange futures, interest rate futures came into being, followed by stock index futures, stock futures and other financial futures.