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The content of market behavior is rich and colorful, but it is not chaotic. As the main content of the legal system of market behavior, the most basic is trading, including futures, as well as financial leasing, trust, guarantee, bills, securities, insurance and maritime business. List all the contents of the legal system of goods, services and technology market transactions that can't be exhausted at any time.
The following contents can only be part of it, and any of them can be used as a book alone. ?
First, buying and selling. Buying and selling is the manifestation of commodity economy. Without buying and selling, commodity production and circulation would be impossible. Buying and selling is a specific means of capital operation, a basic market behavior and one of the important legal systems of market behavior.
Therefore, developed countries attach great importance to the legislation of buying and selling, and through this law, various relations arising in buying and selling activities are adjusted to ensure the smooth production and circulation of commodities. Modern commercial law regulates the buying and selling behavior. On the one hand, it focuses on regulating the buying and selling between businessmen, and the buying and selling relationship between businessmen and consumers is regulated by the Consumer Protection Law.
On the other hand, the interests in the field of buying and selling have expanded, not limited to the buying and selling of goods. The final document of Uruguay Round broadens NtlI's service and technology fields in terms of goods. Only service trade includes international transportation, international tourism, transnational finance, international insurance, international information processing and transmission, etc. 15.
In addition, the means of buying and selling are gradually modernized, from traditional face-to-face buying and selling to online buying and selling.
Second, futures. Futures is an unrealistic and specialized commodity relative to spot. Therefore, the object of futures trading behavior is futures commodities, and its particularity compared with spot commodities is mainly as follows; First, in the natural form, in addition to physical goods, it also includes financial goods such as gold, currency, interest rate, stock index and options.
Second, futures commodities are represented by futures contracts, which are standardized futures contracts formulated by specialized trading institutions, namely futures exchanges. The quantity, quality, delivery time and place of futures commodities in futures contracts are fixed, and the price is the only variable formed by fair bidding between many buyers and sellers.
Futures trading takes a certain time in the future as the delivery date, and before the delivery date, buyers and sellers resell or buy back many times to hedge. Therefore, before the delivery date of futures commodities comes, most futures contracts have been hedged, and physical delivery rarely occurs. Futures trading behavior includes hedging trading behavior and speculation behavior.