The basic feature of futures trading

Futures trading establishment on the foundation of over-the-counter trading, it is the development of general contract trade. Make the merchandise of special futures contract be easy to circulate in market, guarantee futures trading smooth carry out and healthy development, all trade is carried out in the option market that has organization. Therefore futures trading has some following basic features.

1, contract standardizes. Futures contract is the contract of standardization. This kind of standardization denotes quantity and the grade of the merchandise that carries out futures trading , quantity etc. stipulate in advance, only price changes. This has simplified trade formality greatly , has reduced trade cost, have reduced trade both sides to the greatest extent since for contract clause understanding the different dispute and dispute that produces.

2, trade is centralized. Futures trading must is carried out in futures trading. Those masses of customers that are in site participate in futures trading if thinking , can only entrust futures to manage company's agency trade. 3 , two-way trade and as serve as mechanism. Futures trading may be two-way and operating , is simple and convenient, flexible. After paying earnest money, can buy in or sell contract. The most trade may pass reverse honor the agreement for rushing to operate solution responsibility.

4, the lever and system of earnest money are machine made. High credit feature is that concentration shows for the system of earnest money of goods trade. The needs of futures trading deliver need to pay 5 - 15% honor the agreement earnest money can be completed multiple and even the contract trade of tens of times. The enforcement of the system of earnest money not only makes futures trading have the lever principle of " with little rich big " , attracts numerous trade person to participate , and is made to reach in exchange, offer by the trade after settlement to honor the agreement to assure, ensure that trade person can honor the agreement.

5 , have no liability settlement everyday system. Adopt generally to control the risk of option market efficiently with the system of earnest money as foundation have no liability settlement everyday system.

In general terms, whether merchandise

One is merchandise whether
2 is the possessor of
3 is merchandise
4 is the grade of merchandise , specification and quality etc. whether more easy partition. Not equal level, needs rise agio. This is the 4 most basic conditions , only accords with the merchandise of these conditions , may just carry out futures trading as futures merchandise.