Current location - Trademark Inquiry Complete Network - Futures platform - What is the essence of the operating concept of commodity futures?
What is the essence of the operating concept of commodity futures?
Small and wide: stocks are completely traded, and you can only buy how many stocks you have. Futures is a margin system, and you can trade 100% only by paying more than 10% or even a few percentage points of the specified turnover.

Two-way transaction: stocks are one-way transactions, and only stocks can be bought and sold; Futures can be bought or sold first, which is a two-way transaction.

Time limit: There is no time limit for stock trading. If the quilt cover can hold positions for a long time, the futures must be delivered at maturity, otherwise the exchange will force the liquidation or physical delivery.

Actual profit and loss: the income from stock investment has two parts, one is the market price difference, the other is the dividend, and the profit and loss of futures investment is the actual profit and loss in market transactions.

Huge risk: futures are characterized by high returns and high risks due to the restrictions of margin system, additional margin system and forced liquidation at maturity. In a sense, futures can make you rich overnight, and it can also make you poor instantly. Investors should invest carefully.

Trading method: T+ 1 trading is adopted for stocks, and the stocks bought on the same day must be held at least until the second trading day. Futures can be closed on the day of T+0 trading, and the number of transactions is not limited.

Stock is a certificate of ownership issued by a joint-stock company, and it is a kind of valuable securities issued by a joint-stock company to all kinds of shareholders as a shareholding certificate to obtain dividends and bonuses. Each share represents the shareholder's ownership of the basic unit of the enterprise. Behind every stock is a listed company. At the same time, every listed company will issue shares.

Futures and spot are completely different. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts with some bulk products such as cotton, soybeans and oil and financial assets such as stocks and bonds as the targets. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.