1. Stabilize the market economy and exert the leverage effect in the financial turmoil. Financial transactions themselves are very risky, especially the recent financial crisis, which has seriously disrupted the market order and increased global financial risks; The withdrawal of a large number of speculative funds from the market and the deleveraging effect have caused drastic fluctuations in the prices of almost all commodities in the international market, which has greatly aggravated the commercial risks of producers, operators and consumers.
In this context, the function and role of China futures market is more prominent.
On the one hand, through the discovery of the future prices of listed commodities, relevant production and operation enterprises can relatively accurately grasp the commodity price trend, rationally arrange production and operation, and calmly cope with the financial crisis under the complex situation.
On the other hand, China's futures market forms a "local price" that reflects domestic supply and demand, and to some extent resists the improper behavior of some developed countries' markets using futures pricing power to make profits.
More importantly, it provides a tool for China's real economy to disperse and avoid the risks of 17 products, so that relevant enterprises can make better use of the futures market and disperse and avoid the risks of large fluctuations in commodity prices in the financial crisis.
Second, the futures market serves the physical market and ensures market supply. Experience shows that if the development of derivatives is divorced from the actual needs of the real economy, it will bring disastrous consequences.
China futures market was born to meet the needs of China's economic system reform and economic development. Starting from agricultural products futures, it has gradually developed into the main commodity futures market needed by China's economic development.
According to the characteristics of China's market economy development, the futures market gives full play to its own functions and functions, aiming at improving the level of service for the real economy. Only by meeting the needs of the real economy to cope with the risks of financial crisis can it develop continuously and rapidly.