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Briefly describe the characteristics of forex futures trading.
Characteristics of forex futures trading: (1) Fixed trading place: 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.