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What are the main risks faced by novices in stock index futures investment?
(1) Legal risk. If an investor in stock index futures chooses a futures company that does not have legal futures brokerage business qualifications to engage in stock index futures trading, its rights and interests are not protected by law; Or the selected futures company has illegal business practices in the trading process, which may bring losses to investors.

(2) Market risk. Due to the leverage of margin trading, when there is an unfavorable market, a slight change in the stock price index may cause great losses to investors' rights and interests; When the price fluctuates violently, investors will even be forced to close their positions because of insufficient funds, which will cause heavy losses. Therefore, investors will face greater price risk when trading stock index futures.

(3) Operational risk. Like stock trading, it may be that there is a technical failure in the quotation system and the order system, which makes it impossible to obtain a quotation or place an order; Or because investors make mistakes in the operation process, it may cause losses.