To be precise, bulk commodities should include spot goods. The development of the Internet has led to the creation of electronic trading platforms for bulk commodities. Online trading of bulk commodities in various provinces and cities is gradually booming. The electronic trading platform for bulk commodities was established to enable rapid circulation of bulk commodities, including: metals, agricultural products, energy, chemicals, property rights, financial derivatives, etc.
Commodities are not limited to spot electronic trading. Spot electronic trading is only a small range in the field of commodity derivatives.
Electronic trading of commodities should be based on the combination of futures and cash, futures trading, futures hedging, and liquidity provision to achieve commodity price discovery.