Participating in international business exposes companies to new sorts of risks. The purpose of this research is to highlight the importance of futures markets in mitigating one of the most recognized risks related to international business: financial risk. Unexpected price changes are of negative influence on companies' profits, be it in form of an interest rate, currency or commodity price volatility. Futures contracts are standardized bilateral contracts which can be sold or bought very fast without having to physically manipulate the underlying asset, with a certain cash win or loss. Futures markets, being standardized and offering a clearing function, offers higher liquidity, volume of trades and thus faster convergence of prices towards equillibrium. Due to the rapid development of price analysis – fundamental, technical and sentimental – as well as their combination, the price converges even faster each day. Providing the possibility of using options on futures contracts, which limit the losses without cutting the profits, futures markets become a go to market for financial risk mitigation named hedging.