Second, the spot spot transaction settlement mechanism is convenient and flexible. Adopt the same-day declaration and delivery system to realize real-time flexible delivery of traded goods. Futures originated from CBOT commodity exchange in Chicago, USA. Its trading and settlement method is to estimate the future value of goods. Judging the future ups and downs of commodities according to personal experience. However, the longer the commodity price changes, the more uncertain factors there will be, which will bring many unpredictable losses to investors. The settlement system of spot and spot transactions basically solved this problem.
Third, the price formed by spot exchange is closer to the reality of spot trade, which is more practical for guiding economic operation. Because the price formed by the same day's delivery must be the real price recognized by buyers and sellers and accepted by the market, once it forms a scale, it is obviously more practical than the medium and long-term price expected to be formed in the medium and long term. It will be more convenient and simple for various enterprises to use it for reference pricing. It is more and more realistic to realize "China price" and even "Asian price" through market means.