Futures are a type of financial derivatives, also called futures, which refer to standardized trading contracts on financial assets conducted on futures exchanges. In this type of transaction, the buyer and seller agree to buy or sell at a specific price at some point in the future, rather than an immediate cash transaction. The main function of the futures market is to provide predictions of future price changes and to provide investors with investment opportunities in price changes.

Three trading standards for futures index

1. Price standard: The price of futures index is determined at the regular opening of the futures exchange, usually based on the price per lot. The price per lot can be freely negotiated between buyers and sellers.

2. Delivery standards: The delivery standards of futures index refer to the time, place and method of delivery of futures contracts. Under normal circumstances, the delivery of futures contracts takes place when the futures exchange opens regularly, and buyers and sellers can choose to deliver in cash or physical delivery.

3. Margin standard: The margin standard of futures index refers to the amount of margin that buyers and sellers must pay when trading futures indexes stipulated by the futures exchange. Buyers and sellers need to pay corresponding margins to the futures exchange according to the margin standards stipulated by the futures exchange to ensure the effectiveness and safety of the transaction.