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What is the difference and connection between futures and stocks?
Difference:

1, there are few kinds of transactions in the futures market and relatively few fundamental data, which can be consulted in the public media; There are a large number of stocks in the stock market, and the information of each stock needs to be studied, and it is also necessary to cooperate with the comprehensive index, which often leads to the situation of "making an index and losing money".

2. From the overall price fluctuation range, the fluctuation is small, that is, the highest price is only 2-3 times of the lowest price, and the futures price is closely related to the spot; However, due to the different textures of individual stocks and investors' preferences, the stock prices in mature markets are only 0.0 1 yuan, ranging from several hundred yuan to even higher. Moreover, it is difficult to have a unified benchmark for measuring prices.

3. The transaction cost in the futures market is low, the cost of a transaction is about one thousandth of the transaction amount, and the income tax is not levied on futures profits for the time being; The transaction cost of the stock market is very high, and the cost of a transaction is about seven thousandths of the transaction amount.

Relationship:

1, stock trading is the transfer of shares; Stock index futures trading is a direct long or short transaction after buyers and sellers judge the rising and falling trend.

2. From the perspective of margin system, both futures and stocks are subject to margin system, and both are contract transactions. The stock index futures only need a deposit of 10% of the contract value.

3. Judging from the validity of the contract, the stock is long-term valid as long as it exists in the listed company. Stock index futures trading has a final delivery date, on which the contract will be delisted and terminated after cash delivery and liquidation by the buyers and sellers.

The content of this article comes from: China Law Publishing House "General Knowledge Series of Legal Life"