Stock index futures are standardized futures contracts with stock price index as the subject matter. The price level of the stock market index after a certain period of trading between the two parties shall be delivered by cash settlement of the price difference. It is 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.

Stock index futures account situation

As long as the stock index futures meet the conditions for opening an account, opening an account is free. The stock index futures account needs to meet the following conditions:

(1) When applying for opening an account, the balance of available funds in the margin account shall not be less than RMB 500,000;

(2) Having the basic knowledge of stock index futures and passing relevant tests.

(3) It has a record of more than 20 stock index futures simulation transactions 10 trading days, or a record of more than 10 commodity futures transactions in three years;

(4) No serious bad credit record; There are no laws, administrative regulations, rules and business rules of the exchange to prohibit or restrict the trading of stock index futures. ) You can open an account. The average futures account stock index can be operated in just 4 days. Sign the contract on the first day; The next day, 10 commodity was traded, and 500,000 yuan was deposited for capital verification; Apply for the transaction code of CICC on the third day; Stock index trading can be carried out on the fourth day. To apply for a futures account, you need to prepare your ID card and bank card (industry, agriculture, construction, exchange and China). Opening an account is free.