#看懂K线 In the financial field, transaction types are fundamental concepts. Here are some common introductory transaction types:
Classified by transaction object
- Commodity trading: Direct buying and selling of physical goods, such as agricultural products (grains, cotton), energy (oil, natural gas), metals (gold, silver), usually completed through spot or futures markets.
- Financial asset trading: Trading involving financial instruments such as stocks, bonds, funds, foreign exchange, futures, options, etc. For example, buying and selling stocks in the stock market or exchanging different currencies in the foreign exchange market.
Classified by transaction method
- Spot trading: Payment is made and delivery is made simultaneously, with settlement occurring immediately after the transaction (usually within 1-2 working days), such as stock trading.
- Futures/Options trading: A contract to buy or sell the underlying asset at a specific price at a future time, classified as derivative trading. For example, futures contracts can be used to hedge against price volatility risks, while options grant the buyer the right to choose whether to trade.
- Margin trading: Trading conducted through borrowing, such as "margin financing and securities lending"—investors borrow money from brokers to buy stocks (margin financing) or borrow stocks to sell (securities lending), which involves leverage risk.
Classified by market type
- On-exchange trading: Conducted in fixed trading places (such as stock exchanges) through standardized processes.
