Electronic trading refers to a bidding platform where the matching of transactions is processed by the terminal computer. For example, my country's current Shanghai (Shenzhen) Securities and three futures exchanges all use this method.

The electronic trading we usually talk about usually refers to computer-matched prices other than foreign non-on-site manual bidding (same-day trading or on-site trading). This is due to the fact that foreign trading (the LME and CBOT we usually focus on) are in different time zones in my country. The exchange) now retains the tradition of manual price bidding during official trading hours (day trading or on the floor) (while our country all uses electronic trading systems during official trading hours), when the official trading hours of each day (day trading or floor) After the end, the electronic trading system (night trading or over-the-counter) is started, which we usually call electronic trading.

A general term for non-exchange trading on the International Futures Exchange. OTC trading on US exchanges tends to use electronic trading and Internet trading, while LME OTC trading refers to office telephone trading.

Because foreign exchanges such as CBOTLME still retain outcry trading on the floor, they also implement electronic trading, and after the end of the floor time, there is still a considerable period of time that is mainly completed electronically. This is also what we usually call electronic trading; especially during the daytime hours in Asia, since most of the traders are Asian traders, there is the term Asian trading.