Does CSI 1000 have stock index futures?
Yes The CSI 1000 stock index futures contract was officially listed on July 22, 2022. Recently, CSRC not only approved China Financial Futures Exchange to carry out CSI 1000 stock index futures trading, but also approved CSI 1000 option trading.
The margin ratio of CSI 1000 stock index futures is 15%. If the price of CSI 1000 stock index futures 2208 is 6962 points and the contract multiplier is 200 yuan per point, according to the calculation formula of futures margin, the margin to be paid for trading the first-hand CSI 1000 stock index futures is 6962 * 200 * 65433.
Like the opening of SSE 50(IH), CSI 300(IF) and CSI 500(IC) stock index futures accounts, the opening of the trading authority of CSI 1000 stock index futures needs to be based on the opening of commodity futures accounts, and the following three conditions need to be met:
1 After settlement for five consecutive trading days before the application date, the available funds in the futures account shall not be less than 500,000 yuan (the available funds are the total funds in the account minus the occupation margin);
(2) Simulated trading records of domestic trading places with no less than 10 trading days and more than 20 trading times (including 20 times) in the last three years, or trading records of domestic trading places with more than 10 confirmed trading times (including 10 times).
3. Through the investor suitability test platform of China Futures Association, the test score reached more than 80 points.
The news that China Securities Regulatory Commission officially approved the listing of CSI 1000 stock index futures and stock index options contracts on China Financial Futures Exchange ignited the enthusiasm of the market and attracted the attention of investors. Before investing, investors not only need to know the opening conditions of the CSI 1000 stock index futures account and the margin generated in the trading process, but also need to consider whether their risk tolerance matches the product risk level.