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Is poly oil futures true?
First of all: China has no formal oil futures; Formal oil futures are still in preparation.

Secondly, the platform you mentioned is called "spot electronic disk". Quasi-futures. I looked at it. He has asphalt varieties, but no oil.

The difference is:

1. Futures Every contract has an expiration date, but there are no varieties of spot electronic disks.

2. There is no extension fee for futures, but there is a spot electronic disk.

There is no fixed spread for futures, but there is a spot electronic disk.

4. The futures exchange is only responsible for matchmaking and does not participate in trading; The exchange of spot electronic disk itself is a market maker and has a game relationship with investors.

5. The transaction cost of futures exchange is relatively low; Spot electronic disk is high.

6. The futures exchange is supervised by the CSRC; Spot electronic disks are usually supported by local governments.