Futures mainly include commodity futures and financial futures, among which stock index futures belong to the category of financial futures. For investors, stock index futures are still attractive, but it is impossible to trade stock index futures without certain financial strength. How much will it cost?

How much does the first-class stock index futures need?

Funds required for opening the first-class stock index futures = points * contract multiplier * trading margin. The number of points refers to the stock index futures price, the contract multiplier is set by the exchange as 300, and the minimum trading margin is 8% of the contract value. For example, if the current price of the IF2007 contract is 3,200 points, then the capital required for opening a position is 3,200 * 300 * 8% = 76,800 yuan.

As can be seen from the above example, the capital requirements of stock index futures are still relatively large, not only reflected in the funds needed for opening positions, but also in the threshold of funds for opening accounts. CICC stipulates that trading stock index futures requires that the daily average assets of securities accounts or futures accounts should not be less than 500 thousand yuan 20 trading days before opening an account. The high threshold is mainly based on the high risk of stock index futures, and its investors need to have certain risk tolerance.