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What is spot and what is futures?
I guess you mean spot bulk electronic trading and futures trading.

Spot bulk is an electronic matching platform for trading between spot dealers, but now many illegal transactions are open to individuals, and the actual mode, like futures trading, is illegal futures trading in disguise.

The truly legal futures trading is an investment channel that only trades on the four trading platforms recognized by the CSRC. These four exchanges are Shanghai, Dalian, Zhengzhou Commodity Exchange and China Financial Futures Exchange, covering more than 40 varieties.