1. Historical background: In the early days of the establishment of Zheng Stock Exchange, there were widespread problems in China's futures market, such as imperfect supervision and chaotic market order, which led some lawless elements to make profits by manipulating prices and making false transactions, which adversely affected normal transactions. It was called Bandit Stock Exchange.

2. Trading characteristics: The trading varieties of Zhengzhou Stock Exchange are mainly agricultural futures. The price fluctuation of these agricultural products futures is influenced by many factors, which leads to the relatively high trading risk of Zhengzhou Stock Exchange and has a certain speculative nature. In such a market environment, some lawless elements often manipulate and illegally trade by means of information asymmetry and price manipulation, so as to achieve the purpose of profiteering.