1. Hedging: refers to the trading method that production and operation enterprises or enterprises with certain spot assets need to buy and sell commodities in the spot market at some time in the future, and choose to short or do multi-risk hedging in the futures market to prevent the risk of price fluctuation. The purpose of this transaction is to avoid the risks brought by price fluctuations.
2. Speculation: refers to investors buying or selling in the futures market according to their own analysis and judgment on the commodity market in order to pursue the benefits brought by price changes. The purpose of this kind of transaction is to earn profits from price changes.
3. Arbitrage: It means that investors do opposite operations in different futures markets and get profits from the price difference. The purpose of this transaction is to make a profit from the market price difference.
The futures market supervision department needs to strengthen market supervision, ensure the fair, transparent and efficient operation of the market, safeguard the legitimate rights and interests of investors, and promote the market's support and services to the real economy.