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Main functions of bond forward trading
1. is a direct means to meet the needs of consumers. Consumers get all kinds of commodities needed for daily consumption, mainly through various forms of spot transactions, especially retail forms. Therefore, spot trading has a strong vitality, and it has always been a common trading method in all societies since it came into being.

2. It is the basis for the emergence and development of forward contract trading and futures trading. In terms of time, the history of forward contract trading and futures trading is much shorter than that of spot trading, especially the history of futures trading is even shorter, only a few hundred years. Forward contract trading and futures trading are formed and developed on the basis of the objective requirements of spot trading development and social and economic development to a certain stage. Therefore, not having a certain scale of spot trading, or surpassing the limited market of spot trading, is like "haste makes waste".