1. Electronic trading is the general term for OTC trading in international futures exchanges. Over-the-counter transactions of American exchanges often use electronic transactions and Internet transactions. Compared with open bidding, electronic trading has the following advantages:

(1) Improve the transaction speed;

(2) reducing the transaction cost of market participants;

(3) Break through the time and space constraints. Increase trading varieties, expand market coverage, extend trading time, and make prices more continuous;

(4) Make the transaction more fair, no matter whether the market participants live in the same city or not, they can participate in the transaction in the same market as long as they pass the license;

⑤ It has high market transparency and low transaction error rate;

⑥ Partial replacement of trading halls and brokers.

2. Electronic traders generally refer to the planned trading varieties designated by the financial securities and futures market. Trader is a new word. With the opening of the stock market, this word has entered the life of China people. Its birth marks the change of China's economy. A trader is a person who stocks for others. For example, the person in charge of buying and selling stocks in a securities company. Traders mainly serve large investors (investment institutions). They are often traders, who have a good grasp of the disk, can grasp the timing of opening positions and closing positions according to customer requirements, master the skills of opening positions and throwing chips skillfully, and control the development of the disk to a certain extent by taking advantage of capital. They can find every subtle change on the disk, thus reducing the occurrence of risks.