Futures account process: prepare ID card, bank card and handwritten signature photo (handwritten signature needs to be filled in with black carbon ballpoint pen); Download the futures APP in the mobile app store (not supported by individual mobile phone models, please contact the account manager); Log in and register to fill in the information (first register the mobile phone number, and then click to open a futures account to fill in the information);
Uploading related documents (uploading related documents can't be missing edges or vague); Video return visit (keep the network unblocked and free from other noise interference during video verification); Waiting for approval (will be prompted by SMS); After the approval, we will sign a bank insurance contract (different banks sign different contracts, including mobile phone version, computer version and bank counter); You can trade the next day (after the opening in the daytime, you can trade at the earliest. A complete trading day starts in the evening and ends in white.
Futures, whose English name is futures, is completely different from spot. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts based on some popular products such as cotton, soybeans and oil and financial assets such as stocks and bonds. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.
The delivery date of futures can be one week later, one month later, three months later or even one year later.
A contract or agreement to buy or sell futures is called a futures contract. The place where futures are bought and sold is called the futures market. Investors can invest or speculate in futures.
Futures market first appeared in Europe. As early as ancient Greece and Rome, there were central trading places, bulk barter transactions, and trading activities with the nature of futures trade. The original futures trading was developed from spot forward trading. The first modern futures exchange 1848 was established in Chicago, USA, and 1865 established a standard contract model.
In 1990s, China Modern Futures Exchange came into being. There are four futures exchanges in China: Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange and China Financial Futures Exchange. The price changes of its listed futures products have a far-reaching impact on related industries at home and abroad.