Futures usually refer to futures contracts, not contracts. A standardized contract made by a futures exchange to deliver a certain amount of subject matter at a specific time and place in the future. This subject matter, also known as the underlying asset, can be a commodity, such as copper or crude oil, a financial instrument, such as foreign exchange and bonds, or a financial indicator, such as three-month interbank offered rate or stock index. Futures trading is an inevitable product of the development of market economy to a certain stage.
2. Is it legal to speculate in futures?
It is illegal to speculate on futures. According to the provisions of the Securities Law, valet financing must have investment consulting qualifications and asset management qualifications, and there is no permission to start personal valet financing for the time being, while investment companies with the above two qualifications need more than 50 million registered capital. Because individuals are not qualified to manage money on behalf of customers, once losses occur, both parties will have interest disputes, and the legal level will protect the interests of investors.
1. What's the difference between speculating in futures and stocks?
Risk and return are different: this is the biggest difference between them. Futures are leveraged transactions. The principal of 6,543,800 yuan can buy tens of thousands of futures. Although the return may be higher, it is a high-risk investment. Stock investment, as long as you don't borrow money to finance, has less risk and less income than futures;
Suitable for different people: stock investment is suitable for many people, and most people are suitable for investment as long as they participate in small funds. Futures is not suitable for too many people to participate, because the risk is too great and it requires high psychological quality and investment ability;
The validity period is different: if you buy a stock, as long as the company is not bankrupt and delisted, the stock has been in the stock market and the validity period is forever. However, all kinds of futures have a time limit. At that time, either the spot delivery or the futures contract is concluded, and the futures are valid.
2. How much does it cost to speculate in futures?
Depending on what kind of products you make, there are many domestic listed commodity futures, such as agricultural products, precious metals, black products, energy and chemical industry, etc. , which is different from the prescribed margin standard.
Agricultural products futures are several thousand yuan, metal basic1-20,000 yuan, and crude oil needs a deposit of 30,000 yuan. If it is financial futures, it will cost hundreds of thousands. Therefore, there is no clear regulation on how much it costs to speculate in futures. Investors need to choose suitable varieties according to their own conditions, and then pay the corresponding deposit according to the regulations. Most commodity futures can be traded directly for several thousand yuan, and the handling fee is not high. You can return it at one or two. It is suggested to make more comparisons and choose a futures company with low rate to open an account to get the maximum benefit.