Does Baosteel Online have futures trading? What is a trading financial instrument? Do I have to pay 100% for every transaction?
Baosteel Online can only provide market information. To do futures trading, you need to open an account with a member company of the exchange. Futures trading is a financial instrument. China's futures trading is margin trading, that is, leveraged trading. You don't have to trade with 65,438+000% capital, such as rebar. The exchange is 7%, 5 tons per lot, 4,000 yuan per ton, so the transaction is 20,000 yuan per lot, multiplied by 7% is 65,438.