With the standardized development of the futures market, the economic function of the futures market is gradually understood and recognized by the market. Compared with indirect financing in bank credit market and direct financing in securities market, the economic functions of risk management markets such as futures and derivatives are not so intuitive. This is because the function of the futures market economy is reflected in the use of futures prices by the real economy. For example, some enterprises may not participate in futures trading, but the price formed by futures trading can be used as a reference for economic activities such as business negotiations; Enterprises participating in futures market hedging have gained operational stability and good anti-risk ability.

Because the embodiment of these economic functions is not as intuitive as that of banks or securities markets, the economic functions of futures markets are easily misunderstood and questioned. A futures expert once said that even in the United States, where the futures market has a history of more than 100 years, once the spot market price fluctuates greatly, many people will go straight to the futures market to find the reason. So in the United States in the 1980s, there was a big discussion about whether futures and options have economic value. At the request of the U.S. Congress, the relevant regulators organized various market players, experts and regulators to discuss, study and analyze for three years, and finally formed the Research Report on the Economic Impact of Futures Option Trading. The report believes that the US futures and options market provides hedging tools for market participants who need to manage risks. It has the functions of price discovery, pricing benchmark and hedging, and plays an important role in improving the liquidity and stability of the spot market and the real economy.