The forward foreign exchange market consists of futures exchanges, exchange members, futures commission brokers, clearing houses and market participants. The meaning and main characteristics of each component are as follows: according to the division of functions, futures dealers can be divided into floor brokers and floor traders, and the same member can hold two positions concurrently. Anyone who has a membership and enters the futures exchange for trading is called a floor trader. Some floor traders only trade for their own interests; More often, we accept a large number of trading orders outside the exchange and conduct futures trading according to the trading orders of OTC customers. We call the former a professional speculator and the latter a field broker. Those who trade with their own accounts are called floor traders.

A futures commission merchant is a member company registered in a futures exchange. The company sent their employees as representatives. Its main functions are: providing services to customers and completing trading orders; Record the customer's profit and loss, and act as an agent for the actual delivery of futures contracts; Handle customers' deposits; Provide customers with decision-making information and consulting services.

Forex futures trading is mainly conducted by floor brokers of futures exchanges and futures commission brokers who replace non-members. According to the purpose of trading, market participants include hedgers and speculators. Both of them are indispensable parts of the futures market. Without hedging, there is no futures trading market, and without speculators, hedging cannot be realized.