(1) Buyers and sellers are different.

The object of spot transaction is the physical object, which is the commodity currency exchange of "primary currency, primary commodity"; The object of trading in the futures market is futures contracts, not direct commodity currency exchange.

(2) The purpose of the transaction is different.

The purpose of exchanging goods in the spot market is to make physical delivery and realize the transfer of commodity ownership. The purpose of futures market trading is not to obtain physical goods or realize the transfer of commodity ownership, but to pass on the risks brought by commodity price changes related to this ownership or obtain venture capital income through futures trading.

(3) Different trading methods.

In the spot market, transactions are generally one-to-one contracts, while in the futures market, all transactions must be conducted in an open competition manner.

(4) Different trading places

There are centralized transactions in the spot market, such as the wholesale of fresh food. There are also decentralized transactions, which are generally decentralized transactions. Futures trading must be competitive in futures trading in accordance with futures laws and regulations.

(5) Different security systems

Spot trading is protected by contract law and other laws. When the contract is not honored, it can be solved by law. Futures trading is also guaranteed by law, but more importantly, the membership system, margin system and every debt-free settlement system ensure the normal operation of the market.