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The difference between a futures company and a futures brokerage company
The futures brokerage company accepts the entrustment of customers and conducts futures trading for customers in its own name, and the trading results are borne by customers. In other words, futures brokerage companies can only provide channel services, and can only send customers' trading instructions to the exchange truthfully, and cannot have other businesses such as wealth management and futures funds on behalf of customers. Although the futures company lacks the word "broker", it is very different. There will be other complex businesses on the channel, and the business scope is much larger. However, up to now, although many companies have changed their names to "futures companies", they have no other business except brokerage business, and the CSRC will issue other business licenses to suitable futures companies in due course.