According to Jintou.com's inquiry, silver t+d and silver futures are both tools for silver investment, but there are the following differences:
1. Different delivery methods: silver futures have stipulated delivery time, quantity, quality place, etc. However, silver t+d does not specify a clear delivery period, and the buyer and seller can negotiate timely delivery or delay delivery as needed.
2. Differences in trading rules: the trading unit of silver futures in Shanghai Futures Exchange is 15kg/ lot, and the minimum change unit is 1 yuan/kg; The trading unit of a standard contract for silver futures is 15 kg per lot, and the delivery unit is 30 kg per warehouse receipt, and the delivery should be an integer multiple of each warehouse receipt, while the trading unit of silver t+d is 1 1,000 g/lot, and the minimum change unit is 0.0 1 yuan/gram.
3. Different definitions: Silver futures refers to a futures contract with the silver price as the subject matter at a certain point in the future, which is a standardized futures contract. Silver t+d, also known as silver deferred transaction, is a kind of spot deferred delivery business by deposit.