The futures exchange is the place to buy and sell futures contracts and the core of the futures market. It is a non-profit organization, but its non-profit only means that the exchange itself does not conduct trading activities, and it does not mean that it does not attach importance to interest accounting. In this sense, the exchange is also a financially independent for-profit organization.
It realizes reasonable economic benefits, including membership fee income, transaction fee income, information service income and other income, on the basis of providing traders with open, fair and just trading places and effective supervision services.
A set of institutional rules formulated by Zhengzhou Commodity Exchange provides a self-management mechanism for the whole futures market, which enables the principle of "openness, fairness and justice" in futures trading to be realized. There are strong gluten wheat, common wheat, PTA, No.1 cotton, sugar, rapeseed oil, early indica rice, glass, rapeseed, rapeseed meal, methanol and other futures varieties 16.
The number of listed contracts ranks first among the four major futures exchanges in China. Shanghai Futures Exchange was established on1October 26th, 1990 165438. At present, there are gold, silver, copper, aluminum, zinc, lead, rebar, wire rod, fuel oil, natural rubber asphalt and other futures varieties 1 1.