Futures contracts represent an agreement between the two sides where both agree to purchase or sell certain assets, certain quantities and prices at a certain time in the future.They are an instrument whose value depends on the movement of another underlying instrument. The fundamental division of futures contracts is on commodity and financial. Each of the futures contracts has its own specific characteristics, specifications, values and properties. Types of financial futures are Eurodollar, U.S. Treasury, Foreign government debt, Swap, Forex, Single stock and Index futures. Types of futures contract that fall under commodity category are Metals, Energy, Grains and Oil seeds, Livestock, Food and Fiber. Futures contracts are used to manage potential oscillations in the price movement of the Fundamental Property. There are many different types of futures contracts traded on all stock exchanges in the world. Today, due to the possibility of intensifying secondary trading dominates the futures in the total mass of the value of the draft term contracts. In the futures contract the supply of related property is often not performed but on the basis of the final settlement of the transaction is paid the difference between the current price and the one contracted in the futures. Trading in futures contracts enables investors to hedge against the risk of changing interest rates, or the risk of changing the price of securities or other assets. For the last 30 years derivatives have become increasingly important in finances and futures are actively traded on stock exchanges all over the world. Investor can at any time close his buying position by selling the same contract. Depending on the amount of premium he paid for the buying position or selling position shortfall, the investor will make a profit or loss.