There is no difference in trading, but there are differences in position limits and margin ratios.

If a legal person client or self-operated member of the exchange applies for hedging positions, he or she needs to provide the exchange with production plans, purchase and sales contracts and other relevant written materials, and the hedging quota will be given after review and approval by the trading department ( position limit).

This limit is not subject to restrictions on position limits and margin ratio changes. For example, the position limit for a certain variety for legal person customers in non-delivery months is 2,000 lots, and the hedging indicators (positions) are not included here. . In addition, if the exchange increases the margin ratio when the market changes drastically, the margin ratio for the hedging position will still be calculated based on the minimum margin ratio.

In addition, hedging position indicators can be opened in batches until the quota is reached, but the position must be closed at once or entered into delivery. If only part of the position is closed during the closing, the exchange will keep the remaining The hedging position is liquidated.

Also, the hedging position indicator can only be used once. If you need hedging again, you need to apply for a separate position indicator.