Futures exchange is the place where futures contracts are bought and sold, and it is also the core of the futures market. It is a non-profit organization, but its non-profit only means that the exchange itself does not conduct trading activities.

A set of institutional rules formulated by the futures exchange provides a self-management mechanism for the whole futures market, which enables the principle of "openness, fairness and justice" in futures trading to be realized.

Zhengzhou Commodity Exchange was established in June1990+1October 12, which is the first futures exchange in China.