A typical accumulator contract is usually like this. The investment bank will tell you that I have a stock 10 yuan here, but you are my high-end customer, so I will give you a discount, 8 yuan, to buy 1000 shares every day. KODA is a stock-linked option product, which has a cancellation price and an exercise price, and provides shares to customers at a level lower than the current share price within one year. KODA has four characteristics:
The exercise price of buying stocks is often lower than the current price10-20%; When the stock price rises by 3-5% above the current price, the contract will be terminated by itself; When the stock price falls below the exercise price, investors must double the stock; The contract term is generally one year, koda.
Kumi, investors can buy as long as they have cash or stock collateral of 40% of the contract amount, so this product is often highly leveraged. KODA essence:
If the stock falls by $ koda, you should buy it every day for a year, and spend 8 yuan a share every day to double it, not only doubling it every day, but also for a year.
In fact, this product design is like some large financial institutions or banks. He is actually designed for customers. He is one of the customers, it should be said that it is a game relationship.
After the bank signed an agreement with the customer, Kodak amplified the amplifier, so it was actually gambling, that is, the price of oil or futures or the price of the stock Kodak Miku.
Ddd, they represent growth or decline.
In the concept of ordinary people, the accumulator is to buy some discounted stocks through these private banks, which is not essentially different from its own manipulation in the securities market, but it is not. The funds deposited in the accounts of these customers who invest in Accumulator are not directly used to buy stocks in the market.
Moreover, the customer's money in the bank has actually bought the deposit of this financial derivative product, so it often means that your customer's 20 million deposit will be enlarged for you according to your asset status, and the enlarged part is the amount you bought.
Why do such wealth management products make many investors flock to them? Experts said that one reason for Kodak Audio risakoda is that some investors really prefer high-risk and high-yield wealth management products, and another reason is that some investors blindly believe that the stock market will only rise and not fall in the bull market; Another reason is that many investors don't understand the risks of such financial derivatives. Many investors said that they didn't know these financial derivatives at that time, and most people only knew the benefits of this product, but didn't know its huge risks. Under the action of leverage, if you have100000 yuan in your account, then your contract value will be as high as 50 million to 60 million yuan. At the same time, the benefits will be amplified and the risks will be amplified.
However, in our view, KODA, like Robin Hood in the financial market, can quickly evaporate the funds of the nouveau riche and narrow the gap between the rich and the poor.
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