Spot: No increase limit. Futures asphalt: the daily price change range of futures varieties is 3%- 15%. Asphalt futures trading is a form of centralized trading of standardized forward contracts. The ultimate goal is not to transfer the ownership of goods, but to avoid the spot price risk by buying and selling futures contracts. Futures trading is a new trading method developed by trading on the futures exchange on the basis of spot trading and standardized futures contracts.
Spot asphalt trading refers to the way of commodity trading for the purpose of physical delivery between buyers and sellers. According to the different delivery time, it can be divided into spot spot transaction and forward spot transaction. Spot spot transaction refers to the spot transaction, the end of money and goods, that is, the seller who is ready to sell the goods immediately meets the buyer who wants to get the goods immediately and trades immediately. Forward spot transaction, that is, spot forward contract transaction, is a transaction that is traded first and then delivered, that is, buyers and sellers sign contracts in a certain period of time in the future.
Futures: there is a short-selling mechanism, which can make profits through two-way trading and have profit opportunities. T 0 trading system, you can open positions many times on the same day, but there is a delivery date, and you must deliver when it expires, otherwise you will be forced to close your position or deliver it in kind. At the same time, when the margin is insufficient, it will also be forced to close the position. Spot: there is a short-selling mechanism, two-way trading can be profitable, and there are profit opportunities for both ups and downs. T 0 trading system, you can open and close positions many times on the same day, without delivery restrictions, and you can hold it indefinitely. However, when the margin is insufficient, it will be forced to close the position.