Electronic spot trading of refined oil products is a win-win model that combines online and offline, reality and virtuality, and traditional economy and network economy. and many other difficult forms of trading.
The electronic spot transaction of refined oil products adopts the network as a tool and conducts transactions in the mode of e-commerce. The buyers and sellers do not meet each other. The electronic trading market is used as the trading platform, and the national government is the referee. Auction trading, unified matching of transactions, unified settlement and payment, and real-time display of price quotations.
Refined oil transaction is one of the important transaction categories of oil transaction. The main forms of refined oil trading are futures trading and spot trading. Since spot trading is superior to futures trading in many aspects, spot trading is a widely used and concerned trading method in the world, especially in economically developed countries.