What do you mean by spots?

I. Spot trading

Spot refers to the subject matter that already exists in the commodity society, can be used for trading and exchange and represents a certain value, including commodity spot, bulk commodities, spot warehouse receipts and so on. In a narrow sense, spot is a concept corresponding to futures. Unlike futures, spot is the highest form of trade, while futures is the highest form of finance. Spot is the basis of futures, and futures are the sublimation of spot. Without spot as the basis, the smooth trading of futures is impossible.

Spot electronic trading (also known as bulk electronic trading, or spot warehouse receipt trading) is a win-win trading mode that takes spot warehouse receipt as the transaction object, uses modern Internet and computer technology to conduct centralized bidding, centralized trading, real-time display of quotation, combination of online and offline, and combination of traditional economy and network economy. Its essence is the e-commerce of spot goods.

For example, in the "Taiyuan coke market", the price of coke will change at any time. If you buy one hand at the price of 1245 yuan (the first hand is 1 ton) and sell it at the price of 1255 yuan, then you can get 10 yuan. In a sense, spot trading is an investment way to gain income by buying and selling positive and negative transactions many times, and it is another new investment channel for investors after stocks and futures.

Traders and investors reach or transfer through the electronic trading system to implement continuous trading; Implement the same-day physical delivery or optional delivery and continuous delivery.

Second, the advantages of spot trading

(A) improve the utilization rate of funds

1, 20% margin trading mode, 5 times trading capital leverage, greatly saving capital cost and improving capital utilization rate.

2. By adopting T+0 trading method, the signed contract can be sold back repeatedly on the same day, making profits on the same day, realizing hedging and liquidation on the same day, making full use of funds and reducing the risks brought by long positions. No quilt cover, flexible operation.

Two-way transaction, both sides are profitable.

Trading methods are more flexible, increasing trading opportunities:

1, you can do more, and the bull market earns more: it means that investors can buy warehouse receipts at a low price and sell them at a high price for profit.

2, can be short, bear market short profit: refers to investors can also sell at a high price and buy at a low price to make a profit.

(3) The bottom of the market entry threshold

There is no minimum capital limit for opening an account at present. As long as the funds in the banker's account are enough for the margin of the first-hand transaction, the transaction can be carried out. Take coke 1 100 yuan/ton as an example, and 220 yuan can enter the site. Traders are advised to keep a certain balance in the trading account in case of insufficient margin.

(4) Low risk and easy control.

The daily price fluctuation range of the main active varieties is between 10-20 points, which has certain regularity and stability and is easier for traders to grasp and control. Its risk controllability is mainly reflected in the protective stop loss. When traders go against the trend in operation, they can use the protective stop loss to minimize the risk. Of course, if you follow the trend, you can boldly go to Bo to earn rich profits. As long as traders strictly adhere to rational operation, take advantage of the trend and make protective stops, the losses are limited and the profits are considerable.

(5) Long transaction time and convenient operation.

There are sun shows from 9: 00 a.m. to 165438+ 0: 30 a.m. and from 13:30 p.m. to 16:00 p.m., and there is even a "unique night show" in China from 19:00 to 3:00 p.m. All-day 13 hours trading time. In line with international standards, the transaction time is long, which reduces the overnight risk and gives office workers the opportunity to invest.

(6) The fund settlement is convenient, safe and reliable.

1. Convenient fund account opening: investors can open fund accounts in the nearest branches of cooperative banks all over the country;

2. Security of fund custody: bank supervision ensures the security of transaction funds;

3. Easy access to funds: real-time access to trading margin, just like the third-party custody of the stock market, and the bank card is bound to the spot third party. With the same bank card, the two markets can freely enter and exit.

(7) Day settlement system

Check the accounts of investors every day to avoid debt disputes and achieve the purpose of controlling risks.

(VIII) Service advantages

There are 200 authorized service organizations (members) in China, which provide traders with account opening guidance, education and training services, and assist traders to complete commodity trading services such as account opening, transaction settlement, risk control and physical delivery in exchanges and settlement banks.

(9) Variety advantage

There are more than 70 varieties, covering petrochemical, coal energy, agricultural and forestry products, metal products and other fields, and more than 200 varieties of various agricultural products and chemical products will be gradually introduced in the future.

X. Policy advantages

Spot trading, led by the state and driven by the government, opens an innovative trading channel for individuals and enterprises to invest and manage wealth, and also opens a trading channel for hedging and cash appreciation for enterprises. Enterprises can lock in costs and profits through hedging and cash appreciation. Jim rogers: "Future investment opportunities lie in commodities".

Third, the matching of spot, stock and futures.

(1) The stock market is still immature for 20 years, and "financing" is one of its main purposes; Xiong changniu is short, the bull market is 4-5 years, and the bear market is nearly 15 years; The statements of listed companies may be tampered with; Information asymmetry; The risk is high. Spot information is open, fair and simple, with the purpose of forming "reasonable prices of bulk commodities" through the market.

(2) the stock price is "virtual". Theoretically, it takes 100 years for the stock price to recover its investment, which is uncertain and risky. The spot price is based on real goods, and the price is close to the real commodity price.

(3) It takes 3-5 years for the stock market to stay high. For example, I don't know when 48 yuan bought PetroChina. The price of buying "spot oil" is generally positive.

(4) Futures should be "forced to close positions" regardless of profit or loss, and it is risky to "easily close positions" with leverage 15 times or more. Spot can be held for a long time, and traders can enjoy the overall upward income of commodity prices.

(5) More participants.

The entry threshold is low, the transaction time is long and the participants are wider. In addition to fixed stock and futures investors, it is also suitable for white-collar workers, civil servants, teachers, individual industrial and commercial operators and managers to invest in financial management. However, higher investment has certain limitations in the futures market.

Fourth, the market entry process.

Steps to enter the market

1. Sign an account opening agreement with Suzhou Zhongdun Co., Ltd. of Bohai Commodity Exchange with ID card and bank card (preferably ICBC);

2. Obtain a trading account;

3. Bind the account to the bank;

4. If the account is opened successfully, you can enter the gold transaction;

(2) Materials required by the dealer to open an account.

A dealer applying for opening an account shall provide the following materials:

1. Individual dealer:

(1) Copy of ID card

(2) Copy of bank card

2. Corporate dealers: