What are the nature and main functions of the futures exchange? (simple and clear)

Nature of the futures exchange:

A futures exchange is a place that specializes in trading standardized futures contracts. Its nature is not for profit, self-discipline management is implemented in accordance with its articles of association, and all its property bears civil liability.

Main functions:

1; Providing trading places, facilities and related services;

2; Formulate and implement business rules;

3; Design contracts and arrange listing;

4; Organizing and supervising futures trading;

5; Monitor market risks;

6; Ensure the performance of the contract;

7; Release market information;

8; Supervise the trading behavior of members;

9; Supervise the designated delivery warehouse.

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