Forex futures trading, also known as currency futures trading, refers to the trading activities in which both foreign exchange traders promise to deliver a certain standard amount of currency at an agreed price on a specific date in the future after reaching a transaction in forex futures trading by open bidding.

Characteristics of forex futures trading:

(1) Fixed trading place: conducting trading activities in the tangible currency futures trading market;

(2) Open bidding: the buyer bids and the seller bids;

(3) Trading contract-forex futures trading contract. The variety, date, agreed price, specific functional currency, deposit, handling fee and trading place promised by both parties, and a standard foreign exchange futures contract: standard delivery date, standard delivery volume and standard delivery place;

(4) forex futures trading has only price risk and no credit risk;

(5) The transaction adopts the "USD quotation system";

(6) The two-way nature of the transaction.