Futures are relative to spot. They are delivered in different ways. Spot is cash spot, and futures are contract transactions, that is, mutual transfer of contracts. There is a time limit for futures delivery. Before the expiration, it is a contract transaction, but the expiration date is to cash the contract for spot delivery. Therefore, large futures institutions often do both spot and futures, which can be used for hedging and speculation. Ordinary investors often can't deliver in time, so they have to speculate purely, and the speculative value of commodities is often related to factors such as spot trend and duration of commodities.

Opening an account is very simple. You can open an account with a futures company, sign a contract and pay a certain deposit.

Futures trading is a kind of contract trading, and you only need to pay the deposit of the actual price of the corresponding commodity for each transaction. The specific margin ratio is determined by the futures exchange according to market conditions, and the futures company will also make adjustments.

For example, if you buy the futures of commodity A, his margin ratio is 1: 10, and his trading price is 10000 yuan per unit. Then you only need to pay 1000 yuan to buy a unit of goods. If the price of commodity A goes up by 10%, then you double it, and your 1000 becomes 2000. If the price of commodity A drops by 65,438+00%, you will lose everything. If you close your position at this time, your 1000 will become zero. If you want to continue holding positions, you must add margin. Many people often add margin because they refuse to accept the market, and finally their families are ruined.

The definition of trust, according to the provisions of Article 2 of China's Trust Law, refers to the act that the trustor entrusts his property rights to the trustee based on his trust in the trustee, and the trustee manages or disposes in his own name for the benefit of the beneficiary or for a specific purpose according to the wishes of the trustor. In short, trust is a kind of property management system. The property owner transfers or sets the property to the manager, who manages or disposes of the property for the benefit or purpose of a certain person. Therefore, the definition of trust mainly includes four meanings:

1. The trustor trusts the trustee. The trustor's trust in the trustee is the foundation of the trust relationship.

2. The client entrusts the property right to the trustee. Trust is a legal relationship with trust property as the core, and trust property is the first element to establish a trust. Without specific trust property, a trust cannot be established. Therefore, on the basis of trust trustee, the client must entrust his property rights to the trustee.

3. The trustee manages and disposes of the trust property in his own name. After the trustor entrusts the trust property to the trustee, it has no direct control over the trust property, and the trustee manages or disposes of the trust property entirely in his own name, without resorting to the names of the trustor and the beneficiary, which is an important feature of the trust.

4. The largest trust affairs in interest management in which the trustee is the beneficiary. It is precisely because the trustee is trusted by the principal that once the trustee accepts the entrustment, he should handle the trust affairs faithfully, cautiously and dutifully, and manage and dispose of the trust property, which is called trust and loyalty. For the trustee who violates this trust, the Trust Law stipulates strict liability.