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What is the function of the futures exchange?
1. The most basic function of a futures exchange is to provide trading places, facilities and services.

2. The futures exchange is responsible for the design and listing of various futures contracts. Futures contracts traded by investors are standardized contracts formulated by exchanges.

3. The futures exchange is also responsible for supervising investors' trading activities, delivering and settling the trading objects, and ensuring the smooth and orderly futures trading.

4. The futures exchange collects the deposit as the guarantee for the performance of futures trading, and urges the buyers and sellers to perform according to the contract.

5. Manage the members according to the articles of association and trading rules formulated by the national regulatory authorities.