A futures brokerage company refers to an intermediary organization that is established according to law, accepts the entrustment of customers, conducts futures trading for customers in its own name according to the instructions of customers, and collects transaction fees. It is an independent legal person approved by China Securities Regulatory Commission and registered by the State Administration for Industry and Commerce. A futures brokerage company shall be a member of at least one futures exchange. According to the regulations of China Securities Regulatory Commission, futures brokerage companies can only buy and sell futures contracts and handle settlement and delivery procedures for customers. Manage customer accounts and control customer transaction risks; Provide customers with futures market information, conduct futures trading consultation and act as trading consultant for customers.

What role does the futures brokerage company play?

1. Acting as an agent to buy and sell futures contracts and handle settlement and delivery procedures according to customers' instructions.

2. Manage customer accounts and control customer transaction risks.

3. Provide customers with futures market information, conduct futures trading consultation and act as trading consultant for customers.

The role of futures companies in the stock index futures market;

(1) Futures companies are entrusted by customers to engage in stock index futures trading, which expands the scope of market participants, expands the market scale, saves transaction costs, improves transaction efficiency, enhances the sufficiency of competition in the stock index futures market, and helps to form authoritative and effective futures prices;

(2) Futures companies have personnel specializing in information collection and market analysis to provide consulting services to customers, which is helpful to improve the efficiency and accuracy of customer trading decisions;

(3) Futures companies have a strict risk control system, which can effectively control the trading risks of customers and realize the decentralized commitment of futures trading risks in all aspects.