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How are iron ore futures traded?
Iron ore futures are commodity futures contracts based on the standardized characteristics of iron ore futures contracts. How are iron ore futures traded?

I. Trading Rules

1, and the iron ore trading unit is100t/hand.

2. Iron ore futures are two-way transactions, which can be bought and sold on the same day. Therefore, when investors buy, if they find that the market is wrong, they can sell it immediately, which reduces the risk for investors.

3. The margin of futures is around 7%, and the price of iron ore futures will change with the spot price, so I won't elaborate here. Investors who want to know more can pay more attention to this price.

4. The trading time is from 9: 00 am to 3: 00 pm on working days. Iron ore futures are traded from 9: 00 pm to 1 1.

Second, how to trade

1, iron ore futures are specific futures products, and can only be traded if the trading authority of iron ore futures is satisfied.

First, investors should open a futures account, and then the funds in the account must exceed100000 for five consecutive trading days without interruption. Finally, they should go to the futures company to test iron ore futures.

After passing the test, you can trade.

The minimum trading unit of iron ore futures is the first hand, the minimum price change is 1.5 cents/ton, and the first hand is 100 tons. Then one point of iron ore fluctuation is 50 cents, and the profit and loss of investors' accounts is plus or minus 50 yuan. Although the profit and loss is not high, the highest authority of the transaction is 1000 lots, so the profit and loss is still very large.