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What is Forex Futures?

by Victor

FxFut, short for “Forex Futures,” is a centralized form of Futures exchange in which two parties, through open outcry, buy or sell a foreign currency in a foreign currency and enter into a contract to deliver a standard quantity at a future date at an agreed price.

Foreign exchange futures trading has broad sense and narrow sense.

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Broad foreign exchange futures trading, including exchange futures contract trading and contract trading two ways.

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The narrow sense of foreign exchange futures refers to foreign exchange futures contracts.

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The MAIN CONTENTS OF FOREIGN exchange futures include: trading unit, minimum price change, maximum daily price fluctuation limit, contract month, trading time, last trading day, delivery date, delivery place.

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