Can't do external futures in China. Domestic units or individuals shall not engage in overseas futures trading in violation of regulations. Domestic investors participate in overseas futures trading through trading software or mobile clients. Once a dispute occurs, their rights and interests will not be effectively protected. If someone tells that promoting "external futures" can make a lot of money, it is fraud and misleading.

Domestic units or individuals engaged in overseas futures trading in violation of regulations shall be ordered to make corrections, given a warning, confiscate their illegal income, and impose a fine of not less than 0 times but not more than 5 times their illegal income;

If there is no illegal income or the illegal income is less than 200,000 yuan, a fine ranging from 200,000 yuan to 6,543.8+0,000 yuan shall be imposed; If the circumstances are serious, its overseas futures trading shall be suspended. Give a warning to the directly responsible person in charge and other directly responsible personnel of the unit, and impose a fine ranging from 6,543.8+0,000 yuan to 6,543.8+0,000 yuan.

Expanding the two functions of information futures trading provides a stage and foundation for two trading modes in the futures market. The price discovery function needs the participation of many speculators, and it concentrates a lot of market information and abundant liquidity.

The existence of hedging transaction provides tools and means for avoiding risks. At the same time, futures is also an investment tool. Due to the fluctuation of futures contract prices, traders can make use of arbitrage to earn risk profits through contract spreads.

Baidu encyclopedia-futures