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What is a Futures Exchange Member
A futures exchange member is a legal or natural person who meets the qualification requirements of an exchange member according to the rules of the exchange and fulfills the rights and obligations of an exchange member. There are various types of exchange members, which vary from country to country. The U.S. Stock Exchange traditionally adopts the individual membership system, the number of members has a quota limit, so the exchange has set up an associate member system accordingly. The main members can be categorized into seven groups: commissioned brokers, trading floor brokers, trading floor traders, professional members, zero amount of traders or brokers, bond traders and brokers, and non-operating members.

Japan's stock exchange members are divided into positive members, brokerage members and special members of the three, regardless of which members must be organized under Japanese law securities companies, members of the business is clearly divided. The British stock exchange members are divided into two categories: brokers and traders. In order to become an individual member of the British Stock Exchange, you must pass a rigorous examination in addition to a number of other conditions. In addition, because the membership of the stock exchange is generally a non-profit organization, members must pay a certain amount of dues, in order to maintain the normal activities of the exchange.

The information platform required to trade certain information and goods is called an exchange. The exchange, with the help of the information platform, realizes the property rights information **** enjoyment, the off-site trading, the unified coordination, the property rights trading market and various terms and conditions to balance.

Domestic exchanges

Shanghai Stock Exchange

Shanghai Stock Exchange (Shanghai Stock Exchange) is one of the two stock exchanges in mainland China, located in the Pudong New Area of Shanghai. The Shanghai Stock Exchange was founded on November 26, 1990, and began official business on December 19 of the same year. As of the end of 2009, SSE has 870 listed companies, 1,351 listed securities, and the total market value of stocks is 18,465,523,000,000 Yuan. A large number of pillar enterprises of the national economy, key enterprises, enterprises in basic industries and high-tech enterprises have raised development funds and transformed their business mechanism through listing.

Trading that is the SSE market trading hours for Monday through Friday. In the morning for the premarket, 9:15 to 9:25 for the collection of bidding time, 9:30 to 11:30 for continuous bidding time. The afternoon is the after-market, with continuous bidding from 13:00 to 15:00, and the market is closed on Saturdays, Sundays and the rest days announced by SSE. The Shanghai Stock Exchange is a non-profit-making legal person, under the direct management of the China Securities Regulatory Commission.