What does stock index futures mean? Stock index futures refer to standardized futures contracts with stock indexes as the subject matter. In specific transactions, the value of stock index futures contracts is calculated by multiplying the points of the index by the unit amount specified in advance. At present, there are four kinds of stock index futures listed in China's futures market, namely SSE 50 stock index futures, CSI 300 stock index futures, CSI 500 stock index futures and CSI 1000 stock index futures.
The essence of stock index futures trading is a process in which investors transfer their expected risk of the whole stock market price index to the futures market, and the risk is offset by the trading operations of investors who have different judgments on the stock market trend.
How to open stock index futures? Stock index futures accounts, that is, investors open stock index futures accounts and capital accounts. Investors may need to bring their ID cards and bank cards to the stock index futures accounts of futures companies.
1. The balance of available funds in the margin account for five consecutive trading days before the application for opening an account is not less than RMB 500,000.
2. Have the basic knowledge of stock index futures, and pass relevant tests, and the test scores should generally reach 80 points or more.
3. There are more than 20 stock index futures simulation transactions with a cumulative record of 10 trading days, or there are more than 10 commodity futures transactions in the last three years.
4. There are no serious bad credit records, and there are no laws, administrative regulations, rules and business rules of the exchange that prohibit or restrict stock index futures trading.
How to buy and sell stock index futures? 1. Open a futures account:
First of all, you need to choose a legitimate futures company and open a futures account with it. When opening an account, you need to provide some personal identity and fund-related information.
2. Learn and understand the trading rules:
After futures account, I suggest you learn and understand the trading rules, risk management and trading strategies of stock index futures. This can be achieved by attending training courses provided by futures companies, reading relevant books and materials, and using resources on the Internet.
3. Place an order:
When preparing for trading, you can place an order through the trading platform provided by the futures company, or you can entrust an order by phone. When placing an order, you need to specify information such as stock index contract, trading direction (buying or selling), number of trading hands, price, etc.
What is the significance of stock index futures? Stock index futures have improved the structure of the whole capital market and paved the way for other financial derivatives. In the whole capital market, the market share of financial products accounts for the vast majority, involving stocks, indexes, exchange rates and interest rates, as well as futures, options, swaps and forward transactions. In this way, stock index futures and options can be said to be one of the important varieties, accounting for nearly half of the global derivatives trading volume.