The margin of stock index futures is related to the futures price, the number of investors buying, the contract multiplier and the margin rate, which is a variable. For example, if an investor buys an IF 1 1905 contract, the margin rate is 12% and the contract multiplier is 300. Then, according to the settlement price of 3000 points on a certain day in IF 1905, the deposit that investors need to pay when trading the futures contract should be 3000× 300× 0.65438.
Margin trading of stock index futures must be settled daily. At the same time, when investors buy a contract, they generally only need to pay 10% to 15% of the face value, which means that the income risk is multiplied and there is a situation of short positions, that is, futures companies are forced to close their positions. Therefore, investors should strengthen risk control when investing in stock index futures.
Futures trading is an advanced trading method based on spot trading and forward contract trading. In order to transfer the risk of market price fluctuation, it refers to the form of buying and selling futures contracts in an open competition on commodity exchanges through brokers.
Futures, usually futures contracts, are contracts. A standardized contract made by a futures exchange to deliver a certain amount of subject matter at a specific time and place in the future. This subject matter, also known as the underlying asset, can be a commodity, such as copper or crude oil, a financial instrument, such as foreign exchange and bonds, or a financial indicator, such as three-month interbank offered rate or stock index. Futures trading is an inevitable product of the development of market economy to a certain stage.
Futures trading is the activity or behavior of buying and selling futures contracts. Pay attention to the difference. Futures delivery is another concept. Futures delivery is the exchange activity or behavior of the subject matter (basic assets) stipulated in the futures contract on the maturity date.
Transaction introduction
Futures trading is a buying and selling activity or process. The unique hedging function of futures trading, the function of preventing excessive market fluctuation, the function of saving commodity circulation costs and promoting fair competition are of great significance to the development of China's increasingly active commodity circulation system. China's futures trading has made great progress. However, due to the lack of corresponding legislation, futures trading is in a state of no legal basis, and excessive speculation prevails. It is extremely necessary to strengthen the special legislation of futures trading.
One reason why futures trading is attractive to investors is the leverage of futures trading, that is, controlling the overall value of futures contracts with relatively little funds, that is, trading with 5% to 10% of funds 100%. However, futures investors should fully realize that high returns are behind high risks.
Therefore, people who step into the futures market should have a sense of taking risks and be prepared for possible losses. In addition, because the rules and practices of futures trading and securities trading have many similarities and differences with general spot trading, people entering the futures market should also understand and master some necessary futures trading knowledge. The procedures for entering the futures market are basically the same as those for the stock market. As far as customers are concerned, they usually handle their futures trading business through brokerage companies. Futures investors should first open a futures trading account with a brokerage company, sign a standard Futures Trading Agreement, fill in the customer registration, and deposit the required deposit, so as to complete the account opening procedures.