The emergence of futures margin system should start with the original intention of establishing futures contracts. At first, it was a tool for spot traders to avoid risks. However, spot traders cannot take out the same cash to trade in the futures market. Therefore, as a means of guarantee, spot traders can use a small amount of money to buy futures contracts equal to the spot in the futures market.
The leverage effect is bound to be high-risk. For example, soybean, the futures market shows that the price is per ton 1000 yuan, primary 10 ton. You have to make at least one hand, so when you place an order, you are actually making 65,438+00 tons of soybeans. Then the actual price of the primary soybean contract is1000 *10 =10000 yuan. The margin is 12%, so the price of your first-hand soybean is10000 *12% =1200 yuan. Every time the market skips, the displayed price is 100 1. If it is bullish, it has made a profit 10 yuan.
The above is my answer, I hope it will help you.