Derived from stocks
stock futures

Low capital threshold

One stock period = two cash shares
The margin only needs to be about 13.5% of the current market value
EX. A stock is 100 yuan/share, and it costs 200,000 yuan to buy two stocks.
To buy a contract of A shares, the required amount is only 27,000 yuan.

Dang Chong is simple and unlimited long and short

The futures itself has the conditions of unlimited times, and the same is true for the stock period. Moreover, the handling fee is much cheaper than that of the spot market, and most investors will use the stock period for short-term trading.

"Can" participate in ex-interest

Dividends are credited on the same day
Ex: TSMC expects to issue 3 dividends on 10/01, as long as it is owned before 10/01,
3 dividends will be added to the account on the "day".

Powerful hedging function

Long-short transactions are flexible and can be precisely hedged.
Short selling may not be able to borrow securities, and there are restrictions on shorting under the flat market, and the annual general meeting of shareholders and ex-rights are also forced to cover.

transaction easier

For stock margin financing and securities lending, you need to open a Lixin user,
The procedure is more troublesome.
But to open a futures account, you only need to agree on a commonly used bank and remit the deposit to operate.

low cost advantage

A transaction tax of 3/10000 is required to be paid for selling stocks, while a transaction tax of 2/100,000 is only required for a transaction of futures, the former is 37.5 times that of the latter.