1, property. A futures company refers to an intermediary organization established according to law, entrusted by customers, which conducts futures trading for customers in its own name according to customers' instructions, and collects trading fees, and the trading results are borne by customers.

2. Functions and functions

Internationally, the general functions of futures brokerage companies include: buying and selling futures contracts on behalf of customers; Handling settlement and delivery procedures; Engaged in futures trading self-operated business; Manage customer accounts; Control the transaction risk of customers; Provide customers with futures market information, conduct futures trading consultation and act as trading consultant for customers. At present, China's futures companies are mainly engaged in brokerage business, and their own business is limited.

Futures companies generally set up the following institutions: finance, settlement, credit, trading, spot delivery, customer service and research and development.

3. The relationship between futures brokers and futures companies. The account manager and the broker are not parties to the futures brokerage contract concluded by the futures company. Holding the advantages of customer resources and information channels can build a bridge between futures companies and investors. Individual futures intermediaries of some domestic futures companies not only introduce each other, but even act as agents beyond their authority-investment consulting and trading agents.