1) contract standardization. Except that the price fluctuates with the market, all the terms of the futures contract are agreed in advance. ?

2) Centralized trading. Futures trading must be concentrated in the futures exchange. The exchange implements a membership system, and only members can enter the market for trading. OTC investors can only entrust brokerage companies to participate in futures trading. ?

3) Two-way trading and hedging mechanism. Unlike securities trading, futures trading can not only buy before selling, but also allow traders to sell before buying. This enables investors to profit from bull and bear markets. Hedging and liquidation means that traders do the opposite of the previous operations before the futures contract expires, without having to deliver the physical goods.

4) Margin system. The charm of the futures market mainly lies in the fact that the whole transaction can be completed only by paying a small margin, which is generally 5- 10% of the contract value. This enables futures trading to change from small to large, increasing the opportunities for enterprising investors to make profits; For prudent investors, as long as the proportion of positions is arranged, risks can be flexibly controlled. ?

5)t+0. Contracts opened on the same day can be closed on the same day, making the operation more flexible.

Extended data

Futures trading is an advanced trading method based on spot trading and forward contract trading. It refers to buying and selling futures contracts in the form of open competition through brokers of commodity exchanges to transfer the risk of market price fluctuations.

Stock index futures trading is based on the need to manage and avoid systemic risks. The purpose of participating in stock index futures trading is to undertake, transfer or manage certain risks with certain monetary investment. In this trading activity, the stock price index is only a reflection of the risk of the development and change of the stock market at a specific time in the future, or a carrier.

Not all futures contracts can be used as the object of systematic trading. As the object of systematic trading, futures contracts must have high liquidity before they can be judged whether futures contracts can be traded.

Ten taboos of futures:

1, Man Cang operation?

2. open a position against the trend?

3. Position syndrome

4. Top test and bottom test?

5. Never give up

6. go against the trend and rebound?

7. Frequent "all-weather" operations?

8. Hesitant when placing an order?

9. What are the disadvantages in the short and medium term?

10, mainly focusing on single mentality.

Futures exchange refers to a place specially provided for traders to buy and sell futures contracts, and it is a membership organization with the purpose of promoting futures contract trading. Futures exchanges are generally non-profit organizations in the form of joint stock limited companies. The purpose of not participating in trading activities is to provide futures trading places and related facilities, formulate trading rules and maintain open, fair and equal trading.

References:

Baidu encyclopedia-futures trading