Friends who are concerned about the stock futures market know that stock futures have a Shanghai and Shenzhen 300 stock index futures, which can be traded in two directions, that is, they can be long or short, but they need to pay a certain margin. Because many friends still don't know how much the first-hand margin of the Shanghai and Shenzhen 300 stock index futures is, I will give you an introduction here.

According to the regulations of China Financial Futures Exchange, the minimum trading margin per 300 yuan of the Shanghai and Shenzhen 300 stock index futures contracts is 8% of the contract value, which is settled in cash. In addition, CICC allows futures companies to increase the margin ratio by 2-3 percentage points on the basis of the prescribed margin ratio, so as to control the risk of customers more strictly. In other words, when it comes to futures companies, the margin ratio can be increased to 10%- 12%.

The formula for calculating the margin of Shanghai and Shenzhen 300 stock indexes is: margin = contract price * marketing unit * margin ratio = lots * transaction price * marketing unit * margin ratio.

explain

Assuming that the position of Shanghai and Shenzhen 300 stock index futures is 4000 points and the margin ratio required by futures companies is 8%, then the margin required for buying first hand is 1 * 4000 * 300 * 8% = 96000 yuan.

It is not difficult to see that the first-hand margin amount of Shanghai and Shenzhen 300 stock index futures is also relatively large, and the trading threshold is also relatively high. In addition, we need to remind everyone that the margin ratio of 8% is a leveraged lever, which is very risky and prone to large losses. Therefore,

Everyone must pay attention to risks when participating in the Shanghai and Shenzhen 300 stock index futures trading.

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