What are the types of financial futures?
Financial futures can be basically divided into three categories, including foreign exchange futures, interest rate futures and stock futures. Different types of futures have different investment targets. Interest rate futures refer to futures contracts with bond securities as the subject matter, which can be generally divided into short-term interest rate futures and long-term interest rate futures. Foreign exchange futures, also known as currency futures, refers to futures contracts with exchange rate as the subject matter to avoid exchange rate risks; Stock futures refer to standardized futures contracts with stock price index as the subject matter. At present, there are three major products: CSI 300, CSI 500 and SSE 50.
Different types of financial futures will have different investment thresholds. On the basis of satisfying the conditions of commodity futures account, the equity futures account also needs to ensure that the available funds in the margin account for five consecutive trading days are not less than RMB 500,000 before opening the account; It also has more than 20 simulated trading records of financial futures accumulated for 10 trading days, or has more than 10 futures trading records in the last three years; Moreover, investors must have the corresponding basic knowledge of financial futures and pass relevant tests.
If investors want to trade financial futures, they first need to open the trading code and futures account of CICC in a regular domestic futures company. After opening an account, they can invest in the transaction. Futures trading is relatively simple, with only two directions: buying and opening positions-selling and closing positions-buying and closing positions.
Generally speaking, the varieties and transactions of financial futures are complicated. If investors want to trade financial futures, they must master solid experience in financial futures and simulation operation.