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What is a crude oil deposit?
Crude oil deposit refers to a certain amount of money paid for investing in crude oil to ensure the performance of certain obligations.

Crude oil futures refer to futures contracts with the price of crude oil as the subject matter at a certain time in the future. Crude oil futures contract is a standardized futures contract, which is formulated by the corresponding futures exchange. Detailed crude oil specifications, crude oil quality and delivery date are clearly stipulated above.

At present, there is no crude oil futures listed in China. It is reported that crude oil futures will be listed on the Shanghai Futures Exchange in the second half of the year.

Margin ratio of crude oil futures: According to the provisions of the previous issue, the margin ratio of crude oil futures contracts listed for trading is tentatively set at 7% of the contract value, that is, participants can participate in trading with 14 capital leverage and 1 margin.