It should be noted that not all platforms' A50 index futures are real-time, and some will have some delay problems.
I. Two ways to exert influence: 1. After overnight trading, when the 50 index opens, A50 refers to the current contract to transmit the overnight fluctuation to the index. Not a real index, it will inevitably affect the trend of the real index after accumulating market expectations during the non-trading time of the index. For example, if the overnight futures index falls by 2%, then if the index does not move, the value of the index and the current futures index will be very different, and arbitrage opportunities will also appear. In reality, the liquidity of the market will make this situation almost impossible, and investors will quickly sell the spot index ETF for hedging, which will directly lead to the increase of warehouse receipts of A50 constituent stocks. This is the relationship between spot and futures, which affects each other but is not completely consistent, and will produce the wrong day effect; 2.A50 refers to the overnight trend to guide investors' psychological expectations. This may have a greater impact. Many investors were full of expectations for the market trend of A shares the next day when they saw the A50 surge. After all, it represents the views of foreign investors on the stock prices of the top 50 listed companies in China. Many times, if A50 doesn't plummet, foreign capital really won't launch large-scale crushing. Many investors do have this psychological expectation. 2. Advantages of 2.A50 index futures over domestic futures: 1. Compared with investing at least 500,000 yuan in domestic stock index futures, A50 index futures are settled in US dollars, with small contracts, low capital requirements for investors and relatively low threshold, which is more suitable for ordinary retail investors. 2.A50 index futures trading time is long. The FTSE China A50 index futures traded in Singapore are traded from 9: 00 a.m. to 4: 30 p.m., with evening trading from 5: 00 p.m. to 4: 45 a.m. the next day. The mode of "opening early and closing late" is also very beneficial to investors. Market information can be digested as early as the opening, and the price discovery mechanism can be brought into full play; Closing at night is beneficial to reduce the fluctuation of spot market at closing time. 3. There is a certain correlation between the trend of 3.A50 index and the Shanghai and Shenzhen 300 index. Investors can hedge the risk of A-share market through A50 index futures, and at the same time, they can enrich investors' trading means.