First, the basic functions of futures trading

1, investment function

The futures market is an important part of the capital market. In recent years, more and more investors have taken a fancy to the investment value-added function of the futures market.

Step 2 find the price

There are many people involved in futures trading, and they all trade at the price they think is the most suitable, so in winter,

Futures prices can comprehensively reflect the relationship between supply and demand in a certain period of time in the future and the price yields of both parties.

The expectation of the trend. This kind of price information increases the transparency of the market and helps to improve the efficiency of resource allocation.

3. Avoid market risks

In the actual production and operation process, in order to avoid rising costs or falling profits caused by changing commodity prices, futures trading can be used for hedging, that is, futures market traders buy or sell the same number of commodities as spot market traders but in opposite directions, so that the gains and losses of the two market transactions offset each other.

Second, the characteristics of futures trading

1, small and wide

Futures trading adopts the margin system, and only 5%- 10% margin is required to trade 100% funds.

2, two-way operation, simple and fast.

There is a short-selling mechanism in futures trading, that is, you can sell a commodity before you own it.

3. High transaction efficiency

In futures trading, the hedging mechanism of futures contracts can be used to offset the buying or selling contracts, without considering trivial links such as acquisition, transportation, storage and sales.

4. Contract performance is guaranteed.

Futures trading adopts the daily debt-free settlement system, which can not only effectively ensure the safety of your funds, but also cash your investment at any time.

Three. Comparison between futures investment and securities investment

1. Similarity: Securities investment and futures are strictly supervised by China Securities Regulatory Commission. Conduct centralized public trading in the exchange, issue trading instructions by telephone or Internet, and conduct trading through the computer of the exchange.

2. Difference: (1) Securities transactions are traded at 100% of the turnover, while futures only need to pay a deposit of 5- 10% of the turnover, which enlarges the capital utilization ratio by 10-20 times.

(2) Securities trading is a one-way transaction, that is, you can only buy first and then sell, and you can make a profit in a bull market. Futures trading is a two-way transaction, that is, you can buy first and then sell, or you can sell first and then buy. Bull market and bear market can be profitable, and the trading opportunity is twice that of stocks.

(3) Securities transactions are conducted through Dingyi 1. Futures trading is subject to the next 0 trading, which can be bought and sold at will and operated in the short term.

(4) There are many trading methods in the futures market, such as pure trading, period arbitrage, cross-market arbitrage, cross-variety arbitrage and option trading. The stock market has a single means.

Guide to futures market entry

1, what is commodity futures trading?

Commodity futures trading is the sale of "standardized contracts" (namely "futures contracts") representing specific commodities. In the spot market, the buyer and the seller deliver the goods and the other pays, or conclude a transaction through negotiation and signing a contract. The contract can stipulate the quality, quantity and price of the goods, as well as the time and place of delivery. Futures contracts have uniform provisions on the quality, specifications, delivery time and place of goods, and the only variable is the price of goods. After paying a certain margin, buyers and sellers can openly bid through commodity futures exchanges according to certain rules.

2, the characteristics of commodity futures trading

(1) Small and wide. Only pay 5-20% of the performance bond control 100% of the virtual funds.

(2) transaction convenience. Because the main factors such as commodity quality and delivery place in futures contracts have been standardized, the interchangeability and liquidity of contracts are high.

(3) The information is open and the transaction efficiency is high. Futures trading enables traders to compete fairly under equal conditions through open bidding. At the same time, futures trading has a fixed place, procedures and rules, and it operates efficiently.

(4) Futures trading can be operated in two directions, which is simple and flexible. After paying the deposit, you can buy and sell futures contracts, and you only need a few instructions to reach a transaction in a few seconds or minutes. When the market is at a favorable price, close the position or cover the position in the opposite direction.

(5) The performance of the contract is guaranteed. After the futures transaction is completed, it must be confirmed by the settlement department, and there is no need to worry about the performance of the transaction.

3, the function of commodity futures trading

The basic function of commodity futures trading is to find prices and avoid price risks.

(1) Discovery price:

There are many participants in futures trading, all trading at the price they think is the most suitable. Therefore, futures prices can comprehensively reflect the expectations of both supply and demand for the relationship between supply and demand and price trends in a certain period of time in the future. This kind of price information increases the transparency of the market and helps to improve the efficiency of resource allocation.

(2) Avoiding market risks:

In the actual production and operation process, in order to avoid rising costs or falling profits caused by changing commodity prices, futures trading can be used for hedging, that is, buying or selling the same amount of goods in opposite directions in the futures market, so that the gains and losses in the two markets can offset each other.

Futures is also an investment tool. Because the futures contract price fluctuates, traders can use the price difference to earn risk profits.