First of all, you need to know what futures are. The so-called futures trading is also called "contract trading", that is, contract trading. The transaction between traders is equivalent to just signing a contract (unlike stock trading, once the transaction happens, it means that the money and goods are cleared), and the contract can be transferred later (so-called liquidation); The basis of maintaining the contract right is the deposit: without the deposit, there is no right to continue to hold the contract-of course, if you have the deposit in the future, you can continue to play (similar to the rules of playing mahjong ~).

Secondly, several steps to participate in futures trading.

1. account opening: the process is the same as stock account opening;

2. Capital injection: generally, it is more than 10 times of the capital required to prepare the "minimum unit". For example, if the minimum unit needs 3000 yuan, then prepare 30000 yuan.

3. Understand and be familiar with various trading systems and related terms.

4. Learn and master how to calculate the floating profit and loss.

How is the transaction fee charged?

Half when opening the position, half when closing the position. There are different standards between different exchanges or varieties, which is equivalent to about 2 or 3 points.

What are the meanings of "February" and "August" in futures contracts?

Refers to the expiration month of the contract, also known as the delivery month.

About "arbitrage":

For example, a company bought R308 (a natural rubber contract delivered in August 2003) for 13700 yuan, and plans to sell it on r3 1 1 day. If they are completed at the same time, how big is the difference between them (also called basis difference) to make a profit? There are some costs involved here:

Interest expenses of margin investment in the futures market engaged in arbitrage;

Interest expenses of funds occupied by the purchase price of natural rubber;

August-1 1 storage costs;

VAT: (selling price-buying price) x 0.17; ;