A financial future is a
futures contract on a short term interest rate (STIR). Contracts vary, but are often defined on an interest rate index such as 3-month sterling or US dollar
LIBOR. They are traded across a wide range of currencies, including the
G12 country currencies and many others.Some representative financial futures contracts are: United States
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Include interest rate futures, currency futures, and index futures. The financial futures market currently is the fastest growing of all the futures markets.