2. The transaction cost is low. Margin trading of treasury bonds futures can effectively reduce the hedging cost of traders. At the same time, treasury bonds futures adopt centralized matching bidding mode, which has high transaction transparency and reduces the information cost of finding counterparties.
3. High liquidity. Treasury bond futures trading adopts standardized contract form, and centralized matching trading is carried out on the exchange, with high liquidity.
4. Low credit risk. In the treasury bond futures trading, both buyers and sellers need to pay the deposit, and in order to prevent the occurrence of default events, the exchange implements the debt-free settlement system on the same day, which effectively reduces the credit risk in the transaction.