1, futures commission merchant
Regardless of its name, scale and business scope, its basic functions are to represent the interests of non-exchange members, issue trading orders on behalf of customers, collect and manage customer performance bonds, manage customer positions, provide detailed trading records and accounting records, transmit market information, provide market research reports, serve as trading consultants for customers, train customers to trade futures and options and formulate trading strategies, and also deliver goods on behalf of customers. Some commodity trading consultants, commodity joint venture fund managers, recommendation brokers and floor brokers can be hired to work for them.
2. Commodity trading consultant
Directly or indirectly provide advice to others on whether to trade futures, how to trade futures, fund management, etc. Indirect suggestions include supervising the trading of customer accounts or making suggestions through written publications or other newspapers.
3. Commodity Joint Venture Fund Manager
Manage the raised funds and use them for Qian Shengqian futures trading. They personally analyze the market, formulate trading strategies and give orders directly.
4. Introduce brokers (IB)
Seek or accept customer trading instructions for futures commission brokers or commodity joint venture fund managers, and buy and sell commodity futures or options. Only the introduction fee is charged, and no customer deposit or commission is charged.
5. Broker's agent
Seek orders, customers or customer funds on behalf of futures commission agents, recommendation brokers, commodity trading consultants or commodity joint venture fund managers, and can be any salesperson.
6. floor broker
The floor broker is the market representative, who executes any kind of commodity futures contract or option contract instructions on behalf of any other person on the commodity exchange.