Empty orders are equal to multiple orders, and the sum of empty orders and multiple orders is the position, which means that half of the positions are empty orders, and its value is also equal to multiple orders.
Empty order refers to the two concepts of long position and short position in spot and futures. Long means buying at a low price and selling at a high price, while short means selling at a high price and selling at a low price. To put it bluntly, bulls watch the market rise and bears watch the market fall. The contracts held by bulls are multiple orders, and the contracts held by bears are empty orders.
More than that: in futures trading, holding futures contract positions is called holding positions. Among them, holding multiple positions is called holding multiple orders, which is referred to as holding multiple orders.
Extended data:
Stocks can be held all the time after buying, and the number of stocks will not decrease under normal circumstances. However, stock index futures have a fixed maturity date and must be closed or delivered at maturity. Therefore, trading stock index futures cannot be the same as buying and selling stocks. We must pay attention to the expiration date of the contract to decide whether to close the position or wait for the expiration of the contract for cash settlement and delivery.
Stock index futures contracts use margin trading. Generally, a contract can be bought and sold only by paying about 10- 15% of the contract face value. On the one hand, it improves the profit space, but on the other hand, it also brings risks, which requires daily settlement of profits and losses. After buying a stock, the book profit and loss are not settled before selling.
However, stock index futures are different. After the transaction, the contract held in hand should be settled at the settlement price every day, and the book profit can be withdrawn, but the book loss (that is, additional margin) must be made up before the opening of the next day. And because it is a margin transaction, the loss may even exceed your investment principal, which is different from stock trading.