The influence of CFTC on silver futures market: CFTC protects market participants from fraud, market manipulation and abuse of transactions by encouraging market competition, and ensures the financial authenticity in the liquidation process, thus ensuring the economic efficiency of the futures market.

Through effective supervision, CFTC can make the futures market play the role of price discovery and risk transfer.

CFTC usually issues a position report every Friday 15: 30, which is divided into futures, futures and options. Position report usually refers to futures, which reveals the changes in the number and direction of positions held by investors such as funds in the US silver futures market and reflects the views of different market entities on the market.

The influence of CFTC on the silver futures market mainly includes three aspects:

1, the net long and short positions of CFTC silver is a sign of the activity and liquidity of CFTC silver futures market.

2.CFTC silver position report provides a means of price discovery and an important guiding role in offsetting price risks for the silver futures market.

3.CFTC silver has the guiding role of "window of time". The main contracts of CFTC silver futures are divided into March, May, July, September and 65438+February. The delivery period is five working days after the delivery month 15, which will be postponed in case of holidays. The last trading period of the contract is three trading days before the delivery month.