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Commodities can be traded in spot or futures, right?
Commodity is a general term that can be used for futures trading.

According to the needs of different levels of economic development, the market under market economy has experienced three levels of evolution, namely, spot market, electronic trading market for bulk commodities and futures market.

The electronic trading market of bulk commodities is in the middle position, which plays a connecting role between spot market and futures market. The electronic trading market of bulk commodities not only makes up for the limitations and geographical differences in the circulation of the spot market, but also makes up for the shortage of physical delivery in the futures market. As we all know, the biggest advantage of the futures market is that it can allow many spot traders to hedge and maximize their own income, but the disadvantage is that there is no physical delivery and it has become a pure financial market, which greatly damages the interests of spot traders.

The electronic trading platform for bulk commodities not only has the advantage of hedging in the futures market, but also ensures the circulation of commodities throughout the country. It saves a lot of operating costs for investors. Whether you want to buy or sell, you don't have to run around, as long as you can sell or buy investors' goods at the right price online. Moreover, the huge warehouse system and strict inspection standards in the electronic trading market of bulk commodities ensure the quality and quality of commodities.