For example, I made an agreement with someone to buy a ton of apples at 1000 yuan after March. I bet a ton of apples will be 1500 yuan after March. Of course, I will work out in advance why apples will cost 1500 yuan a ton after March.
A: From the perspective that futures are zero-sum games, futures are like gambling, but futures are not gambling. Futures plays an important and positive role in modern economic activities.
The second question is whether futures trading must be completed in real time.
No, the physical delivery of futures is generally less than 2% of the total contract amount.
For example, I made an agreement with someone to sell him a ton of apples after three months. Do I really want to sell it to him? Or just refund more and make up less at the current price? What if you really can't produce a ton of apples after March?
Generally, it is to close the position, (refund more and make up the current price less).
If the buyer only wants apples, but the seller doesn't have apples (and doesn't close the position), the seller needs to pay liquidated damages to the buyer according to the regulations.
The third question, since futures are to be traded in the futures market, is the hall of the futures market full of apples, oranges, steel and copper?
Futures contracts are traded in the futures hall, and now they are generally traded electronically (online), while the physical delivery of futures is carried out in the delivery warehouse designated by the futures exchange.