Characteristics of stock index futures speculation:

1. The purpose is to obtain profits. The purpose of speculators participating in futures trading is to use certain analysis methods to predict futures price trends on the basis of gathering all aspects of market information, and to obtain differential income from price changes by buying at low prices and selling at high prices. The purpose of speculative trading is to make profits. .

2. Take the initiative to take risks. Speculation and hedging have completely different attitudes toward risk. The purpose of hedging is to avoid the risk of price fluctuations, while speculative trading takes the initiative to bear the risk of price fluctuations. Investors participating in speculative trading should have strong risk tolerance, and investors should make prudent assessments and make prudent decisions.

3. Delivery is generally not carried out. Speculators have no actual need to buy or sell the subject matter of the contract and generally do not make delivery in the futures market. Instead, they choose to close their positions before the futures contract expires. Therefore, what speculators care about is not the actual subject matter, but the trend and difference of contract price changes.