Both of them are accompanied by high risks and high returns, but there are some obvious differences in operation. Let me talk to you today.
Difference:
1. The operation of the futures market is open and transparent, and the daily transactions and positions will be announced. Therefore, insider trading is rare, and it is more difficult for big customers to operate. The operation details of the stock market are huge, and there will be a lot of insider trading.
2. The futures market is open, and the influence of all factors needs to be understood from many aspects. The stock market is relatively closed, so it is necessary to know the situation of microeconomic entities in time.
3. There are not many kinds of transactions in the futures market, and there are not many basic information, which can be consulted through the public media. There are many stocks in the stock market, so it is necessary to study the information of each stock and cooperate with the comprehensive index. The futures market can enter and exit on the same day, that is, T+0 trading; Stocks bought on the same day can be sold the next day, which belongs to T+ 1 transaction.
4. Futures business is a two-way street, you can buy before you sell, or you can sell before you buy; The stock business is a one-way street, with only "buy first and then sell".
5. Futures business needs * * time factor. The "life" of existing futures contracts is less than one and a half years. Due, it must be closed or actual delivery is required. Unless the listed company is closed for liquidation and the timeliness of stock operation is not very strong, it can be held for a long time.
6. The research focus of the futures market is the relationship between supply and demand of varieties, economic fluctuation cycle, seasonal factors and government policies. The focus of stock research is the production and operation of a single stock and the macroeconomic environment.