First, the subject of this crime is a special subject, and non-securities institutions, securities practitioners and securities traders do not constitute the subject of this crime. Generally, it is manipulated by "big bookmakers".

Second, the subjective aspect of this crime must be intentional.

Three, this crime is a "plot", to achieve "serious circumstances" to constitute this crime.

Fourth, the objective performance is: using the advantages of funds and information to manipulate alone or in collusion; Collusion with others, agreed time, agreed price, way to manipulate; Taking oneself as the trading object, falsely transferring futures contracts, causing the illusion of trading to attract people to follow up; Manipulate in other ways.