According to national regulations, only physical suppliers and suppliers with industry background are allowed to enter the spot market, and natural persons are forbidden to enter. ? According to Guo Fa (2011) No.38, no exchange may split any rights and interests into equal shares for public offering; Do not take centralized bidding, market makers and other centralized trading methods to conduct transactions; Rights and interests shall not be listed and traded continuously according to standardized trading units; For investors who buy first and then sell or sell first and then buy, the time interval of the same trading product shall not be less than 5 trading days (i.e. T+5); Unless otherwise provided by laws and administrative regulations, the number of holders of accumulated rights and interests shall not exceed 200.

Haixijing Zhongtian Yin Hui Company adopts the futures trading mode of T+0 and decentralized counter centralized trading to conduct centralized trading of standardized contracts, which is a futures trading mode or a disguised futures trading mode explicitly prohibited by the State Council. As Hu Jingsheng, director of the Qing-China Liaison Office, said: Decentralized counter trading of precious metals is a serious violation. They buy private information and telephone calls through illegal means, repeatedly publicize the promise of getting high returns with less investment, trick investors into entering the circle, recruit junior high school and high school graduates to pretend to be senior financial planners with low wages, and reverse the operation of investment consultants and analysts, so that more than 95% of customers suffer big losses. Especially the elderly and women over 60 years old, use their kindness and simplicity to people to increase their wealth, so they take despicable means and seek huge profits through fraud.