B trading place: any place with internet access can participate in trading.
C transaction object: warehouse receipt, which must be checked and registered in the spot market when delivery.
D transaction form: organize dealers to buy and sell goods in the form of warehouse receipts. Within the specified time, dealers and business representatives will enter the State Grid to issue trading instructions, make free quotations, and conduct public centralized bidding: the trading system will automatically match the transaction according to the principle of price priority and time priority. Warehouse receipt trading time, the trading interface displays the opening price, highest price, lowest price, latest price, price rise and fall, yesterday's settlement price, trading volume and other information of each warehouse receipt variety in real time.
E transaction price: transaction price-the settlement price reached by both parties to the warehouse receipt transaction. 1 The transaction price is set as the transaction price by both parties of the limit order; 2. The market price is subject to the instructions of the other party.
F daily settlement system: daily trading settlement and floating positions are settled online after the market closes, and the money is transferred immediately.
G warehouse receipt delivery system: the market implements the delivery system at any time, so that you can apply for delivery from the date of transaction. The seller must submit the warehouse receipt registered in the market, and the delivery will be implemented after the market matching is successful. The delivery principle formulated by the market is: fully respect the wishes of buyers and sellers, implement free and voluntary delivery, and generally do not force delivery.
H Contract Booking and Offset: On the premise of submitting the advance payment performance bond, the buyer and the seller can book the sales contract online, and at the same time, they can offset the completed contract at any time-the selling contract is closed by selling and the selling contract is closed by buying, and the difference between them is recorded in the trading profit and loss and settled by online real-time transfer.
I implement the trading system of T+0, and those who open positions on the same day can close positions on the same day.