One: Different delivery methods. When futures are traded, their goods do not exist, that is, they are trading in the future. Even at the time of delivery, their order quantity and supply are not equal. Because futures have no restrictions on supply, it is easy to cause the order quantity to be much larger than the order quantity, which fundamentally increases the risk and atmosphere of speculation. Of course, it can be seen from the above concepts that futures can only be delivered in the delivery month, and the weight and proportion of physical delivery are very small in futures contract transactions. The goods in the spot electronic transaction exist in the warehouse before the transaction, and it must ensure that the supply on the market is equal to the order quantity. Because the goods exist in the warehouse from the beginning, we can adopt the methods of early delivery and due delivery, and the delivery method is flexible and suitable for cashing. And in the spot electronic trading contract, the proportion of physical delivery is significant, the speculative risk is not strong, and the risk is relatively small.
Two: the lever is different. The margin of futures is 5% to 10%, which is risky. The margin of spot electronic trading is 20%, which is moderate.
Three: there are different restrictions on ups and downs. The futures price limit is 200%, and the risk is huge. The price limit of spot electronic trading is 6%, which is less risky.
Four: the threshold is different. Investment in futures requires a large amount of funds, with 30,000 yuan to 50,000 yuan belonging to the lowest category, while the trading threshold of spot electronic disk is lower, which is similar to that of stocks, and you can invest several thousand yuan.
Five: the complexity is different. The futures market changes rapidly and fluctuates greatly. At the same time, there are many factors that affect price fluctuations, which are difficult for ordinary investors to grasp. The market trend of spot electronic trading is relatively stable and the market trend is continuous. At the same time, the factors affected by price fluctuation are relatively simple, mainly affected by climate and supply and demand, which are easy for ordinary investors to grasp.