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商品期货及其它衍生证券市场的交易方式有利于市场操纵者对价格的操纵，投机者的交易特征为价格操纵提供了适宜的环境并对价格操纵起到了推波助澜的作用；在市场风险和基本面风险较大的情况下，套利者对价格操纵的制约作用非常有限；对价格操纵的制约因素就只能来自两个方面，操纵者的自律意识和价格操纵的预期净收益的大小，监管部门的有效监督和处罚可以提高操纵成本，减少预期净收益，从而成为制约价格操纵的最有效的途径。
Commodity futures and other derivative securities market trading is conducive to the market manipulator of the price manipulation, speculators trading characteristics provide a suitable environment for price manipulation and price control has played a role in fueling; in the market risk and fundamentals risk Larger cases, arbitrageurs on the role of price control is very limited; constraints on price manipulation can only come from two aspects, the operator’s self-awareness and price manipulation of the expected net income, the size of the regulatory authorities Supervision and punishment can increase the cost of maneuvering and reduce the expected net income, thus becoming the most effective way to control price manipulation.