Can futures be sold on the day of purchase?
Yes, futures can be sold on the day of purchase, because futures are T+0 transactions, and they can be bought and sold at any time during trading hours after successful purchase. The advantage of T+0 trading is that when investors find something wrong after buying, they can sell it in time to achieve the effect of taking profit and stopping loss in time.
Relevant rules of futures trading:
1 two-way trading, you can buy up or down, not afraid of bear market.
2 Futures margin/leveraged trading, no financing interest.
Futures trading time is longer and more flexible, and night trading can be carried out at night.
4. If the heavy trading leads to a large amount of losses, resulting in insufficient funds in the account, the futures exchange will force the liquidation of the account.
Each product will be designed with the highest and lowest increase of the day.
Futures fairs have transaction costs, mainly commissions, and there is no stamp duty.
Futures trading hours:
09: 00-11:30 on the trading day; 13:30- 15:00; 2 1:00-02:30。 The opening of call auction will be conducted within 5 minutes before the opening of the trading day, with the first 4 minutes as the time for instruction declaration and the second 1 minute as the time for call auction to match.
If you plan to buy futures, you need to open a futures account first, because the stock fund account cannot buy futures directly. When opening a futures account, the account holder is required to be over 18 years old, have civil capacity, and prepare personal ID card and bank card.