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What's the difference between spot crude oil and futures crude oil?
Spot crude oil: margin trading, with leverage ranging from 20 to 33.3 times. Futures crude oil: margin trading, with leverage ranging from 8 to 12.5 times.

Futures crude oil: there is a delivery date and it must be delivered at maturity. Spot crude oil: there is no delivery limit and it can be held indefinitely.

Spot crude oil: the domestic trading time is 07:00- 05: 00 Beijing time, and the closing time of the exchange is 04:00-06:00. Starting from 165438+ 10, the winter trading hours in European and American markets will be followed, and the opening and closing will be delayed by 1 hour, that is, the trading will continue for 22 hours.

Futures crude oil: 9: 00 am ~165438+0: 30 pm1:30 pm. The short trading time is not in line with the international gold price.

Spot crude oil: no increase limit.

Futures crude oil: the daily price limit varies from 3% to 15% according to different futures varieties.