1, spot (listed) transaction

The buyer and the seller input the name, specification, place of origin, production factory, minimum transaction quantity and other information into the trading terminal of the trading market, and the buyer chooses to buy all or part of the goods according to the information listed by the seller. A spot trading mode in which members of both parties complete delivery within the specified date of the market after placing an order.

2. Forward (matchmaking) transactions

The buyers and sellers input the trading instructions into the market trading terminal, and the system automatically matches the transactions according to the principle of price priority and time priority. After the transaction is completed, the goods can be delivered to the designated delivery warehouse within the time specified by the market. Electronic matchmaking uses electronic trading contracts, and the trading rules and settlement rules formulated by the trading market are part of the electronic trading contracts.

3. Bidding transactions

Bidding transaction refers to a trading method in which the buyer submits the information of pre-ordered goods to the trading market, determines the specific time of bidding transaction, makes an announcement through the trading market in advance, makes a quotation, and the seller reduces the price independently. After no one continues to reduce the price within the agreed trading time, the bidding transaction ends, and the transaction is made at the lowest selling price. The two parties sign a purchase and sale contract through the trading market and make physical delivery.

4. Auction transactions

Auction transaction refers to the transaction mode in which the seller applies to the trading market, submits the detailed information of the goods to be sold to the trading market, determines the specific time of the commodity auction, makes an announcement through the trading market, and the buyer raises the price independently. After no one continues to raise the price within the agreed time, the commodity auction is over and the transaction is made at the highest purchase price. The two sides signed a purchase and sale contract through the trading market for physical delivery.

We usually use forward (matchmaking) transactions. This is used by the public and is also commonly used.