According to Baidu question bank, the role of futures speculation does not include hedging, because futures speculators bear the price risk, while hedgers cannot bear the price risk. Futures speculators buy and sell futures contracts in the futures market for the purpose of obtaining differential income. If this judgment is the same as the market price trend, speculators can get speculative profits after closing their positions. If the judgment is contrary to the price trend, the speculator will bear the speculative loss after closing the position.

Futures speculation refers to investors buying and selling through the futures market in order to obtain profits brought by price fluctuations.