Because there is no electronic trading market for bulk stock index commodities at present, it cannot be compared with China Financial Futures Exchange for the time being. Therefore, we will compare the differences and connections between the electronic trading market of bulk commodities and the three futures exchanges, namely, Qiansuo, Zhengshang and Dashang:

The first difference is that the electronic market of bulk commodities trades in spot, while futures trade in standardized contracts;

The second difference is that the spot trading of bulk commodities in the electronic market is not very strict with the quality and variety, while the variety of futures trading is very strict with the quality and variety of its subject matter.

The third difference is that the supervision unit of the electronic market for bulk commodities is the commercial department, while the supervision unit of the futures exchange is the CSRC.

The fourth difference is that most of the electronic markets for bulk commodities are over-the-counter transactions, while futures exchanges are all on-site transactions, so they are more standardized. And so on.

Connection: Futures are varieties derived from spot, so there will be some interaction between the price trends of the two markets. At the same time, futures varieties must first be commodities.