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Does the futures contract itself need cash to buy and sell?
The essence of futures is to sign a trading contract. Futures contracts are publicly traded (signed) in futures exchanges, and trading refers to the value of futures contracts themselves. For example, soybeans are now 3,700 yuan/ton, and each batch is 10 ton, worth 37,000 yuan. According to the margin calculation of 10%, you need a margin of 3,700 yuan to buy and sell a soybean futures contract, and the buying and selling price is obtained through open bidding.