The objects of the two crimes include the management order of the futures market, but they also violate different specific orders in the management order. This crime violates the normal competition mechanism in the management order. The crime of insider trading violates the information management order in the management order.

(2) The objective aspects of the two are different;

The objective aspect of this crime is to use information advantage to concentrate capital advantage, position advantage or joint or continuous trading, collude with others to conduct futures trading, buy and sell futures contracts on their own, manipulate the trading volume and price of futures market, create false appearances of futures market, induce or cause investors to make accurate investment decisions without knowing the truth, and disrupt the order of futures market.

The objective aspect of the crime of insider trading is to engage in futures trading related to insider information or disclose the information before the issuance of securities, futures trading or other information that has a significant impact on the price of futures trading has been made public.

(3) The nature of the information involved is different;

The information involved in this crime includes both inside information and general information, including both true information and false information, including both unpublished information and published information.

The information involved in the crime of insider trading and disclosure of insider information is quite special.

(4) The standards of punishment and prosecution are different;

The punishment stipulated in this crime is "if the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also or only be fined;" If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years and shall also be fined. "

Legal basis: The crime of manipulating the securities and futures market in Article 182 of the Criminal Law of People's Republic of China (PRC) mainly includes, alone or in collusion, concentrating capital advantages, holding shares or positions, or using information advantages to jointly or continuously buy and sell securities and futures, and manipulating the trading price or volume of securities and futures; Collusion with others to trade securities and futures with each other at the time, price and manner agreed in advance, which affects the trading price or volume of securities and futures; Buying and selling securities between accounts under their actual control, or buying and selling futures contracts on their own, which affects the trading price or volume of securities and futures; Manipulate the securities and futures market by other means.