In the fund market, when the fund is delisted, that is, when the fund enters liquidation,
After the fund is liquidated, the investor's share will be converted into cash according to the net value before liquidation and returned to the investor. At the same time, before the fund is liquidated, the fund company will issue a liquidation announcement in advance.
During this period, investors can redeem funds or convert funds to avoid losses caused by liquidation.
The conditions for opening an account for futures trading are as follows:
1. Account holders and transaction executors must be 18 years old and have independent civil capacity;
2. It has the necessary funds or assets to engage in futures exchanges, and stock index futures, crude oil futures and iron ore futures all have corresponding capital thresholds;
3, have the corresponding ability to resist risks, and meet the on-site evaluation and scoring standards of financial knowledge.
The reasons for fund liquidation may be as follows:
1. When the fund was established, the contract stipulated liquidation.
2. The fund share holders' meeting voluntarily decides to terminate the fund contract for liquidation.
3. The fund scale is too small, which triggers the "red line" of liquidation-that is, the number of fund share holders is less than 200 for 60 consecutive working days, or the net asset value of the fund is less than 50 million yuan for 60 consecutive working days.
4. The fund company did not meet the regulatory requirements and was forced to liquidate.
Futures, whose English name is futures, is completely different from spot. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts based on some popular products such as cotton, soybeans and oil and financial assets such as stocks and bonds. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.
The delivery date of futures can be one week later, one month later, three months later or even one year later.
A contract or agreement to buy or sell futures is called a futures contract. The place where futures are bought and sold is called the futures market. Investors can invest or speculate in futures.
main feature
The commodity variety, trading unit, contract month, margin, quantity, quality, grade, delivery time and delivery place of futures contracts are all established and standardized, and the only variable is price. The standards of futures contracts are usually designed by futures exchanges and listed by national regulatory agencies.
Futures contracts are concluded under the organization of futures exchanges and have legal effect. Prices are generated through public bidding in the trading hall of the exchanges. Most foreign countries adopt public bidding, while our country adopts computer trading.
The performance of futures contracts is guaranteed by the exchange, and private transactions are not allowed.
Futures contracts can fulfill or cancel their contractual obligations through the settlement of spot or hedging transactions.