Stock index futures are actually a kind of futures, just because the subject matter of buying and selling is the stock index. The two sides agreed that on a specific date in the future, the underlying index can be bought and sold according to the size of the stock price index determined in advance.
Before you know the operation, you need to know the deposit mechanism. Simply put, the deposit mechanism can also be understood as a deposit mechanism. The margin of stock index futures is 12% of the contract value.
Stock index futures define the value of each point as 300 yuan, and the value of each contract should be equal to the current point multiplied by 300. If the current number of points is 3000, the value of each contract is 3000× 300 = 900,000 yuan. If you want to buy a contract, the deposit is 15% to 20% of the value. According to the level of 20%, the contract for buying first-hand stock index futures needs180,000 yuan.
One more thing, China's stock index futures currently only have the Shanghai and Shenzhen 300 Index. The relatively high threshold for opening an account is 500,000 yuan.
I hope I can help you. If you don't understand anything, you can ask me.
Hope to adopt. Thank you.