Current location - Trademark Inquiry Complete Network - Futures platform - The collection of futures margin is more in recent months and less in distant months in commodity futures. Why is the margin of stock index futures higher than that of recent months?
The collection of futures margin is more in recent months and less in distant months in commodity futures. Why is the margin of stock index futures higher than that of recent months?
The collection of commodity futures in the spot month is relatively high, because commodity futures are delivered in kind near the due date. The more the delivery date, the deposit will be gradually increased to ensure performance.

Stock index futures are delivered in cash, and there is little risk of performance. Far months are higher than recent months mainly to guide investors to trade in recent months. The farther the month is, the greater the uncertainty in the future and the higher the risk premium.