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What is the difference between electronic trading of bulk commodities and commodity futures?
There are some differences here, although futures trading is a commodity.

However, in futures trading, contracts are standardized, mainly on-site transactions, which are supervised by futures exchanges and CSRC; The electronic trading platform is not standardized. At the same time, it is supervised by the commercial department at most. It should be said that the degree of standardization is not as high as futures. At present, the better electronic disks are mainly steel, rubber and plastic warehouse receipts.