All transactions are completed in the futures exchange, but individual customers cannot directly enter the exchange. The futures company is an intermediary to help customers complete this process.

A futures (brokerage) company refers to an intermediary organization established according to law, which accepts the entrustment of customers, conducts futures trading for customers in its own name according to their instructions, and collects trading fees, and the trading results are borne by customers.

Futures Exchange: It is the place to buy and sell futures contracts and 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, and it does not mean that it does not attach importance to interest accounting. In this sense, the exchange is also a financially independent for-profit institution, which realizes reasonable economic benefits, including membership fee income, transaction fee income, information service income and other income, on the basis of providing traders with open, fair and just trading places and effective supervision services. A set of institutional rules formulated by it 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.