Opening a stock index futures account requires more than 500,000 assets. The target of the transaction is the Shanghai and Shenzhen 300 Index, not a single stock. Trading stock index futures can be bought and sold on the same day. In theory, it can be bought and sold countless times in the trading time, which is a leveraged transaction. 500,000 can do 1 10,000 business, which magnifies the risks and benefits.
Margin financing is still in the pilot stage, and it is expected to be fully rolled out this year. At present, the threshold of margin financing and securities lending for most brokers is 500,000, which is expected to be lowered after it is fully rolled out. In margin trading, you can borrow money from securities companies to buy or sell stocks, and then buy back the same number of stocks at a low price after the stocks fall. The way to do T+0 in margin financing and securities lending is that after buying a stock at a low price on the same day, if the stock price rises, you can sell the same amount of stock to the securities company through margin financing and securities lending, and lock in the profit in time, which is equivalent to selling the stock bought on the same day.