Financial instruments include financial securities Financial securities Financial securities include equity securities issued by companies in the form of shares (shares, holdings, investment certificates, etc.), debt securities, excluding commercial instruments and savings certificates (bonds and similar securities), and holdings or shares in Undertakings for Collective Investment in Transferable Securities (UCITS). and financial contracts Financial contracts Also referred to as ‘hedging instruments’, they include futures contracts on interest rates, swaps, futures contracts on all merchandise and commodities, options contracts on the purchase or sale of financial instruments and all other futures instruments. .