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It is said that financial futures are leveraged. What does lever mean here?
The lever here refers to the role of amplification. Use small funds (margin) to make big funds! A stock index is worth 750,000 yuan at 2,500 points in 300 yuan. If you use 12% or so (depending on the standards of futures companies), you can buy and sell 75000 * 12% = 90000! Small funds incite big funds!