I. Opening an account
The futures account of stock index includes three stages: finding a suitable futures company, filling in account opening information and recording funds.
When opening an account, investors should carefully read the Risk Statement of Futures Trading, choose the trading method and agree on special matters, then sign a futures brokerage contract, apply for the trading code and confirm the capital account, and finally handle the received bank deposits and conduct futures trading after confirmation.
Second, trading.
In principle, the trading of stock index futures is the same as that of securities, and centralized computer bidding is conducted according to the principle of price priority and time priority. Trading orders, like securities, have three kinds of orders: market order, limit orders order and cancellation order.
Unlike securities, stock index futures are futures contracts, and the direction of buying and selling is very important, which is also a common mistake made by many stock investors when they do futures trading for the first time. Futures have two positions: long position and short position, which can be opened and closed in trading. Closing positions can also be divided into closing positions and over positions.
In the transaction, we should also pay attention to the terms of the contract. Generally speaking, there are four kinds of stock index futures contracts within half a year, namely, the spot month contract, the next month contract and the last two quarters contract.
With the monthly delivery, the contract will be rolled forward once. For example, in September, there are four contracts: September,1October,1February and March of the following year, and the1October contract needs to be delivered at the end of1October.