What is COMEX? What is COMEX futures? What is COMEX? COMEX is the abbreviation of New York Commodity Exchange. COMEX is mainly responsible for futures and option contracts with gold, silver, copper and aluminum. what is Comex futures? COMEX gold futures refers to COMEX's gold futures trading. Its market is the largest in the world, and its gold trading can often dominate the trend of global gold prices, with futures and options as the main trading methods. < /p > the actual physical delivery of gold accounts for a small proportion; Large hedge funds and institutional investors are the main participants in COMEX gold trading, and their trading has a great trading power on the gold market; The huge trading volume has attracted many speculators to join, and the whole gold futures trading market has high market liquidity. The color standard of gold harvest is the same as that of London.

In the early days of gold trading, COMEX only had open bidding. Later, although electronic trading system was introduced, Comex did not cancel open bidding, but mixed the two modes. In the early days of the market, open outcry was adopted, and then relayed by electronic trading system. Together, the participants can trade in COMEX for almost 24 hours. There is a close interaction between London and new york gold exchange markets, and a swap transaction between London spot gold and new york futures gold is derived.