1, different trading varieties
The former is silver against the dollar, and the latter is gold against the dollar. They are different trading varieties for traders to choose from.
2. Different interest rates
Because of different varieties, there will be a certain rate deviation when trading, that is, the margin of gold is higher and the margin of silver is lower.
3. Different profits
The former has less profit than the latter. Profit here refers to the value represented by a point fluctuation. The fluctuation of gold is 10, while that of silver is less than 10.
Extended data:
Transaction characteristics
bidirectional
One of the biggest differences between futures trading and stock market is that futures can be traded in both directions, and futures can be long or short. When the price rises, you can buy low and sell high, and when the price falls, you can sell high and buy low. Going long can make money, and shorting can also make money, so there is no bear market in futures. In a bear market, the stock market will be suppressed, while the futures market will remain unchanged and opportunities will still exist. )
low cost
Futures trading countries do not levy stamp duty and other taxes, and the only cost is the transaction fee. The procedures of the three domestic exchanges are about two ten thousandths or three ten thousandths, plus the additional fees of brokers, and the unilateral handling fee is less than one thousandth of the transaction amount. Low cost is the guarantee of success.
lever action
Leverage principle is the charm of futures investment. Futures market transactions do not need to pay all the funds, and domestic futures transactions only need to pay 5% margin to obtain future trading rights. Due to the use of margin, the original market has been enlarged ten times.
Assuming that the daily limit of copper price closes on a certain day (the daily limit in futures is only 3% of the settlement price of the previous trading day), the operation is correct. The return on capital is as high as 60%(3%÷5%), which is six times the daily limit of the stock market. (You can make money only if you have the opportunity)
Double the opportunity
Futures is a "T+0" transaction, which makes your capital use to the extreme. After grasping the trend, you can close your position at any time. (Convenient access can increase the security of investment)
Greater than negative market
Futures is a zero-sum market, and the futures market itself does not create profits. In a certain period of time, regardless of the transaction costs of capital entry and exit, the total amount of funds in the futures market remains unchanged, and the profits of market participants come from the losses of another trader.
The stock market has entered a bear market, the market price has shrunk dramatically, the dividends are meager, the state and enterprises absorb funds, and there is no short-selling mechanism. The total amount of funds in the stock market will show negative growth for a period of time, and the total profit is less than the loss.
The comprehensive policy of the country, the needs of economic development and the characteristics of futures all determine that futures have huge development space. The full name of stock index futures is stock index futures, which can also be called stock index futures and futures index. Refers to the standardized futures contract with the stock price index as the target.
The two sides agreed that on a specific date in the future, the underlying index can be bought and sold according to the size of the stock price index determined in advance. As a type of futures trading, stock index futures trading has basically the same characteristics and processes as ordinary commodity futures trading.
Baidu encyclopedia-futures