IMM is the abbreviation of English international money market, that is, international money market. It is a branch of the Chicago Mercantile Exchange, mainly engaged in foreign exchange trading. IMM position refers to the position of buyer and seller in futures contract. For example, if a person buys 10 lots of gold futures, his IMM position is 10 lots. IMM position is related to the margin of futures trading, and investors need to pay a certain margin before trading to ensure that they can bear the risk of loss.

Influence of IMM position on investment strategy

IMM positions can tell investors about speculative sentiment in the market. When the buyer's IMM position increases, it shows that the bulls are strengthening, and investors can consider entering the market to buy; When the seller's IMM position increases, it shows that the short selling power is strengthening, and investors can consider entering the market to sell. IMM positions can also be used to predict megatrends. For example, when the proportion of long IMM positions in gold futures is high, it indicates that the price of gold may rise, and investors can consider buying gold futures for a long time.

The change of IMM position will affect the trading volume and price fluctuation of the market, and investors need to pay close attention to the change of IMM position. When the position reaches a certain level, there will be short positions, and investors will face extremely high risks at this time. Therefore, investors must pay attention to controlling risks when trading futures, and do not over-leverage, so as not to cause serious losses.