The multiplier of CSI 500 contract is 200 yuan per point. In addition, you have to pay the deposit of the exchange to buy futures, and the deposit interest rate of the exchange is 14%. Secondly, you have to pay the opening fee. Usually, the opening fee will be charged at 0.000023 of the transaction amount.
Stock index futures risk
1, basis risk
Basis is the difference between the spot price of a commodity in a specific place and the price of a specific futures contract of the same commodity. Basis = spot price-futures price.
2. Risks caused by contract variety differences
The risk caused by the difference of contract varieties refers to similar contract varieties, such as Nikkei 225 stock index futures and Tokyo stock index futures, and the price changes are different under the influence of the same factors.