Interest rate futures: Interest rate futures refer to a contract in which the buyer and the seller agree to trade at a certain time in the future, so the subject matter is delivered at an agreed price.
The difference between interest rate options and interest rate futures;
1, the subject matter is different: the subject matter of option trading is the rights and interests of buying and selling. After buying, the buyer can get the option of the option and freely choose the trading volume within the agreed time. If the buyer exercises his rights, the seller must fulfill the agreement.
The subject matter of futures trading is futures contract, and interest rate futures are two-way, and both parties need to bear the obligation of futures contract due delivery.
2. Performance bonds are different: the difference between interest rate options and interest rate futures is also reflected in option trading. The biggest risk of the buyer is limited to the deposit already paid, and there is no need to pay the performance bond; The risks faced by the seller may be unlimited, so the deposit must be paid as performance guarantee.
In futures trading, both buyers and sellers of futures contracts need to pay a certain percentage of margin.