How to establish a spot electronic trading platform

Domestic electronic spot trading is indeed very popular at present. Some platforms operate a wide range of spot products. Xinhua Bulk Spot has a complete range of products, such as crude oil, silver, copper, palladium, steel, agricultural products, cotton, etc.; Some platforms operate a single variety of products, such as Shenzhen Oil Research Institute and Beijing Oil Research Institute.

First of all, you have to choose your business model, whether it is a single variety or a diversified operation; I personally suggest that spot crude oil has more advantages at present. Do crude oil first, and then decide whether to get involved in other spot markets after it develops and grows.

Secondly, do you want to establish an exchange to develop members, or serve the society through joining members? Personally, it is recommended to join the brand membership first if there is insufficient funds, and then make plans after it grows.

Thirdly, the first two steps have been decided, and the next step is to reach a cooperation agreement through consultation

Fourth, register with the Industrial and Commercial Bureau. Generally, spot electronic platforms are registered as investment management companies

Fifth, choose a suitable office space, recruit employees, and develop customers

Sixth, communicate more with peers to solve practical problems