Futures Exchange Operations Management Research

Members of futures exchange and brokers can trade futures in futures market. And futures market is open to all the people.Futures exchange is a media through which futures trading can be done. Futures exchange is an exclusive place in which the dealers trading futures. But it is not only a trading place. Futures exchange is neither a corporation, nor a government department, nor an association, but a special organization.Though the regulation of deferent international futures exchange is similar, for example, their principles are detached, equitable and impartial. Though most of the futures exchanges have their member regimes, guaranteed fund. There is still so much difference in many aspects, such as, organization and structure, operation management, trading item, delivery form, mode of settling account, and so on.How futures exchange come into being and its development in the economy globalization situation is introduced in the first part of the article, including the operation management of futures exchange in America, Europe, Asia and Africa at present.And in the second part of the article you can see the form of the organization and structure, trading item, especially the difference of membership form and corporation form. From this analyze we can see the tendency of demutualization in futures exchange, and the reason of this tendency in the third part.The development of the three futures exchange in our country, and the comparison of the organization and structure, trading regulation is presented in the forth part.From all the analysis above, we can find the Insufficiency in our future exchange. In the fifth part we expound some improvement method, such as production development, electron transaction, organization and structure innovation, finance derivation, internationalization, human resource and marketing. May it be useful for our futures exchange.