This subject matter, also known as the underlying asset, can be a commodity, such as copper or crude oil, a financial instrument, such as foreign exchange and bonds, or a financial indicator, such as three-month interbank offered rate or stock index. Futures trading is an inevitable product of the development of market economy to a certain stage.
Futures trading is an advanced trading method based on spot trading and forward contract trading. In order to transfer the risk of market price fluctuation, it refers to the form of buying and selling futures contracts in an open competition on commodity exchanges through brokers.
Futures, usually futures contracts, are contracts. A standardized contract made by a futures exchange to deliver a certain amount of subject matter at a specific time and place in the future. This subject matter, also known as the underlying asset, can be a commodity, such as copper or crude oil, a financial instrument, such as foreign exchange and bonds, or a financial indicator, such as three-month interbank offered rate or stock index. Futures trading is an inevitable product of the development of market economy to a certain stage.
Futures trading is the activity or behavior of buying and selling futures contracts. Pay attention to the difference. Futures delivery is another concept. Futures delivery is the exchange activity or behavior of the subject matter (basic assets) stipulated in the futures contract on the maturity date.
According to the data of "China Futures Industry Development Trend Prospect and Enterprise Competitiveness Promotion Strategy Analysis Report", in the first half of 20 13, the agency turnover of 159 futures companies was 128.33 trillion yuan, up by 88.17% year-on-year; The turnover was 654.38+0004 billion lots, up 654.38+003.24% year-on-year. 20 12 in the first half of the year, these two figures were only 1.82% and 0.4 1%.
In the first half of 20 13, the net capital of 159 futures companies totaled 410/700,000 yuan, up by 18.39% year on year, while the net profit was12.49 million yuan, down by 39/kloc-year on year. 20 12 in the same period, the net capital of futures companies increased by 23. 10%, and the net profit increased by 258.57%.
In the first half of 20 13, 58 futures companies lost money, accounting for nearly 40%, with a total loss of 244 million yuan.
It can be clearly seen from this set of data that when the trading volume of 20 13 futures industry is so hot, the operating efficiency of futures companies is the opposite.