1. Market risk: When the exchange rate market changes greatly, the bank quotation may be lower than the company's quotation to customers (suppliers), making it impossible for the company to lock in according to the quotation, resulting in exchange losses.

2. Operational risk: The foreign exchange derivatives trading business is highly professional and complex, which causes certain risks because the operators do not fully understand the derivatives information in time or operate according to the prescribed procedures.

3. Default risk: If the bank defaults during the contract period, the company cannot execute the foreign exchange contract at the agreed price, and there is a risk that the risk exposure cannot be effectively hedged.

4. Customer default risk: The overdue accounts receivable of customers make the actual cash flow unable to completely match the term or amount of the foreign exchange derivatives trading business that has been operated, thus causing losses to the company.