Stock index futures are divided into Shanghai-Shenzhen 300 stock index futures and Shanghai-Shanghai 50 stock index futures, both of which earn 300 yuan at one point. There is also a CSI 500 stock index futures, which rose by 1 point and earned 200 yuan. ?

Stock index futures are futures contracts with the stock price index as the subject matter, and the popular understanding is a price quiz game with the stock price index as the object. You can buy up (term: long) or buy down (term: short). Niu Jiao cows and bears are called bears.

Both the bull and the bear pay a margin of 10%-40% to buy and sell stock index futures contracts (the specific margin amount is stipulated by China Financial Futures Exchange), and then calculate the profit and loss according to the price of 300 yuan at each index point. Every time the index rises by one point, the bulls gain 300 yuan and the bears lose 300 yuan. Every time the index drops by one point, the bears gain 300 yuan and the bulls lose 300 yuan. This 300 yuan/point is called the price multiplier.

Extended data:

Stock index futures account situation

1, and the available balance of the margin account is not less than 500,000 yuan;

2. Have the basic knowledge of stock index futures and pass relevant tests (the score is not less than 80 points);

3. Having at least 65,438+00 trading days and more than 20 stock index simulation trading records, or having more than 65,438+00 commodity futures trading records in the next three years (both are related or satisfy one item);

4, the comprehensive evaluation table score of not less than 70 points;

5. The temporary association has no bad credit record; There are no laws, administrative regulations, rules and business rules of the exchange to prohibit or restrict the trading of stock index futures.

According to the relevant regulations, in any of the following circumstances, it shall not become a customer of a futures brokerage company:

State organs and institutions; Staff of China Securities Regulatory Commission and its dispatched offices, futures exchanges, futures margin depository monitoring institutions and futures industry associations; It is forbidden to enter the securities and futures markets; Units that fail to provide proof documents for account opening; Other units and individuals prohibited from engaging in futures trading as stipulated by the China Securities Regulatory Commission.

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