First, risk transfer. The risk transfer function of futures market is embodied in hedging transactions. Investors with different needs for commodities. You can use the two-way opening function of the futures market to do hedging transactions and reduce risks. Second, hedging. The important role of futures market. It is a hedging function for investors. In the spot market, the seller may own futures commodities at some time in the future and hope to produce apricots at a reasonable price. Third, asset allocation. The asset allocation function of the futures market is mainly reflected in the short-selling mechanism. Let investors' trading strategies be more diversified. It turns out that when a single bull can make a profit, shorting in the futures market can also get better returns.