Spot trading refers to the way of commodity trading for the purpose of physical delivery between buyers and sellers, and futures trading is the centralized trading form of standardized forward contracts. The relationship between the two is that futures trading is developed on the basis of spot trading, and both spot and futures are leveraged, bidirectional and t+0 trading.

The difference is:

1, trading places is different. The spot trading places is not fixed, and the buyer and the seller trade according to their agreed place; The futures exchange was established with the approval of the State Council and has an independent commodity futures exchange. For example: Shanghai Futures Exchange, Dalian Commodity Futures Exchange and Zhengzhou Commodity Futures Exchange.

2. Different trading methods. Spot trading is generally a one-to-one negotiation and signing of a contract, and the specific content is agreed by both parties, and the buyer and the seller must conduct the transaction according to the contract; Futures mainly adopt the way of open and fair competition to match transactions.

3. The security of funds is different. Although there are contracts in spot trading, the security of funds is not as high as that of futures, because futures are supervised by banks, and no one has the right to misappropriate investors' deposits, which is safe and secure.

Tips: The above information is for reference only.

Reply time: 2022-0 1- 18. Please refer to the latest business changes announced by Ping An Bank in official website.