Traditional Culture Encyclopedia - Weather inquiry - What is the classification of futures?

What is the classification of futures?

There are two kinds of futures, namely commodity futures and financial futures, each of which contains other subclasses. \ x0d \ x0d \ commodity futures refer to futures contracts with physical goods as the subject matter. Commodity futures have a long history and a wide variety. Commodity futures contracts can be established according to each commodity, mainly including agricultural and sideline products, metal products and energy products. Specifically, there are about 20 kinds of agricultural and sideline products, including corn, soybeans, wheat, rice, oats, barley, rye, pork belly, pigs, live cattle, calves, soybean flour, soybean oil, cocoa, coffee, cotton, wool, sugar, orange juice, rapeseed oil and so on. Among them, soybean, corn and wheat are called the three major agricultural futures; 9 kinds of metal products, including gold, silver, copper, aluminum, lead, zinc, nickel, palladium and platinum; 5 kinds of chemical products, including crude oil, heating oil, unleaded gasoline, propane and natural rubber; There are two kinds of forest products, including wood and plywood. At present, China has: energy futures (fuel oil futures), metal futures (copper and aluminum futures), agricultural products (soybeans, soybean meal, corn, soybean oil and wheat) and industrial products (rubber, cotton and sugar). \ x0d \ x0d \ financial futures refers to futures contracts with financial instruments as the subject matter, which have the general characteristics of futures trading, but compared with commodity futures, the subject matter of the contracts is not physical goods, but traditional financial goods. Financial futures trading originated in the American market in the 1970s. 1972, the international money market of the Chicago Mercantile Exchange started the futures trading of international money; 1975, the Chicago Mercantile Exchange started the futures trading of real estate mortgage bonds, which marked the beginning of financial futures trading. At present, the Chicago Mercantile Exchange, the New York Futures Exchange and the New York Mercantile Exchange all conduct futures trading of various financial instruments. Currency, interest rate and stock index are all regarded as the objects of futures trading. At present, financial futures trading has been ahead of commodity futures trading in many aspects, surpassing commodity futures. Financial futures include index futures, interest rate futures and foreign exchange futures. China's upcoming stock index futures: CSI 300 index futures. \ x0d \ x0d \ With the continuous development of financial innovation, other new futures products are constantly emerging. Such as weather futures, carbon dioxide emissions futures and so on.