International and domestic experience has shown that futures is a risk management tool, and the main role of the futures market is to provide enterprises and institutional investors with tools to avoid risks. Spot companies must learn and actively use the futures market to survive the fierce competition.
When silver companies participate in the futures market, they should be familiar with the various rules of silver futures trading, strengthen the construction of various management systems for hedging, strictly implement the risk control system, and improve and improve various supervision mechanisms such as internal control. Only in this way can they make full use of the futures market. Enterprise development services.
More importantly, we must adhere to the principle of hedging. The purpose of enterprises participating in futures trading is to ensure the stability of production and operation and to improve the controllability of sales and profits, not to make profits through speculative trading.
The experience of domestic and foreign futures markets shows that a futures product is a process of gradual cultivation from listing to maturity and exerting its functions. Silver futures will also go through such a process, which cannot be accomplished overnight. Silver companies also need time to understand, be familiar with and master the laws and techniques involved in the futures market, and need to continuously improve their level of use of the futures market in practice.