(1) One is hedging, that is, doing opposite transactions between futures and spot, and holding the same position.

(2) The other is to speculate to earn the difference and trade in the same direction on spot and futures.

The work to be done, spot mainly focuses on the investigation and analysis of cost, market price, freight and storage fee, while futures focuses on the technical analysis of price trend.

The Measures are divided into general principles, business pilot qualifications, business norms, business management and risk control systems, account monitoring, supervision and management, legal responsibilities and supplementary provisions, with a total of 7 chapters and 53 articles, which will be implemented as of September 1 2002.

Extended data:

Business requirements for futures asset management:

1, with a net capital of over 500 million yuan.

"In fact, net capital is not a big problem. Now the shareholders of futures companies are actively injecting capital. On May 30th, CITIC Securities announced that it would increase the registered capital of CSI Futures from 800 million yuan to 654.38+0.5 billion yuan. In addition, it is not difficult to obtain investment consulting qualifications. At present, 46 futures companies have obtained the qualification of futures investment consulting business. " Insiders introduced.

2. The classified supervision rating is above BB.

According to the classified supervision ranking published by China Futures Association, 20 1 1 49 companies were rated as BB or above. According to the financial data of futures companies published by China Futures Association 20 1 1, there are about 16 futures companies that meet the requirements. According to the data, the futures companies with the highest AA are all three traditional futures companies.

3. At least 5 employees and 1 senior management are qualified for consulting.

Having more than 5 years experience in futures, securities or funds, and having obtained the qualification of futures investment consulting business or no less than 65,438+0 senior managers in securities investment consulting; There shall be no less than 5 business personnel who have more than 3 years experience in futures business or 3 years experience in securities and fund investment management, and have obtained the qualification of futures investment consulting business.

Baidu encyclopedia-futures asset management