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What is spot electronic transaction?
What is spot electronic transaction? Before understanding the spot electronic trading, we need to understand the two concepts of spot and electronic trading.

Spot, also known as physical object, refers to the symmetry of futures and refers to physical objects used for delivery, storage and manufacturing. Under the background of encouraging the development of virtual economy in China, this new investment channel-spot trading came into being. However, spot trading is a form of cash on delivery, which is difficult to transport and the price of goods is different in different regions. With the popularity and development of the Internet, in order to facilitate investors' trading and operation, spot electronic disk trading has also appeared.

Electronic disk refers to the competitive price platform where the terminal computer handles the transaction intermediary. At first, the futures trading market promoted electronic trading, but with the popularity of spot trading, spot electronic trading has also become the mainstream trading method.

Spot electronic trading takes the commodity spot warehouse as the trading target, and carries out synchronous trading in different places through the computer network. It is a unified market settlement trading method, that is, spot electronic trading, which combines the tangible market with the intangible market.

Introduction of spot electronic disk trading mode

At present, spot electronic transactions are mostly listed. Under the organization of the trading market, the buyer or seller issues an offer through the electronic trading system of spot listing in the trading market, such as the main attributes of the goods that can be supplied and demanded, delivery place, delivery time, quantity, price and other information, and the qualified counterpart submits an application for accepting the offer, conducts transactions according to the principle of "time priority", signs an electronic procurement contract through the trading market, and conducts spot transactions according to the contract.

What are the advantages of spot electronic trading?