1. Leveraged trading: futures trading can adopt leveraged trading, that is, a large number of transactions can be controlled through a small amount of funds. This means that investors can get higher returns through a small amount of funds in futures trading, but there are also higher risks.
2. High liquidity: The futures market has high liquidity, large trading volume, long trading time and wide market participants. This provides investors with a more fair, just and transparent market environment, and the transaction cost is relatively low.
3. High risk: The risk of futures trading is high, because the price fluctuates greatly. This is because the commodity prices involved in futures exchanges are affected by many factors, such as market supply and demand, political factors, weather factors and so on. Therefore, investors need to pay attention to risk control in futures trading to avoid excessive leverage and excessive speculation.
4. Trading flexibility: Futures contracts can be traded flexibly, and investors can buy and sell futures contracts at any time. At the same time, different futures contracts can also be cross-hedged, such as hedging a short contract of another commodity with a long contract of one commodity.
5. Physical delivery: The final settlement method of futures trading is physical delivery. This means that if investors choose to exercise their rights on the maturity date, they must fulfill the contract, that is, deliver or receive the corresponding goods. This can also improve the efficiency of the market, because speculators can't make a profit just by buying and selling contracts.
In short, futures trading has the characteristics of high liquidity, leveraged trading, high risk, trading flexibility and physical delivery. Investors should pay attention to risk control in futures trading, and at the same time pay attention to the influence of market supply and demand on futures prices in order to formulate effective investment strategies.