What Is an Adjustment Bond?
In the futures market, traders only need to pay a small amount of funds at a certain rate of the futures contract price as a financial guarantee for the performance of the futures contract, and they can participate in the trading of futures contracts. Such funds are futures margin. Divided into 2 types of trading margin and settlement reserve in trading
Futures margin
Right!
- In the futures market, traders simply press
- The margin level charged by the exchanges that design the CSI 300 Index futures is 12% of the contract's face value. The exchange has the right to make necessary adjustments based on market risk conditions.
- At this ratio, if
- Domestic futures
- 1. Investors engaging in futures trading shall open a bank settlement account (hereinafter referred to as the futures settlement account) for futures transaction deposits and withdrawals at the futures settlement banks (ICBC, Agricultural Bank of China, Bank of China, Construction Bank, and Bank of Communications). Or select a bank settlement account that has been opened with a settlement bank to register as a futures settlement account. Investors can register futures settlement accounts of multiple settlement banks with futures brokerage companies.
- 2. Investors should register with the futures brokerage company before using the futures settlement account to handle futures transaction deposits and withdrawals. Investors who change the futures settlement account shall register for the change with the futures brokerage company.
- 3. Investors' deposits and withdrawals used in futures trading shall be processed through peer transfers of investor futures settlement accounts and futures brokerage company margin accounts opened in the same futures settlement bank, and shall not be transferred through cash receipts or transfers within the futures brokerage company. Way to handle deposits and withdrawals.
- 4. Each futures brokerage company shall complete the registration of investor futures settlement accounts before March 10, 2006, and make a summary table in strict accordance with the unified format. The summary form shall be prepared in Excel format, and shall be filed with the dispatching agency in writing and electronically. To ensure that the information entered in the summary table is accurate and complete, in order to directly import the upgraded settlement system in accordance with the requirements of the Association in the future. The summary form submitted in writing to the dispatching agency shall be stamped by the futures brokerage company and signed by the legal representative.
- 5. For newly opened investors, the futures brokerage company shall go through the account registration and deposit and withdrawal in accordance with the above provisions from the date of opening the account; for investors who have opened an account, the futures brokerage company shall start from the date when the investor completes the registration of futures settlement accounts Make deposits and withdrawals for investors in accordance with the above provisions.
- 6. Futures brokerage companies should further popularize and increase the utilization rate of bank transfers and online banking, strengthen communication and coordination with settlement banks, solve problems in bank transfers and online banking deposits and withdrawals, and improve futures brokerage companies through technological progress. Self-management level, improve the efficiency of deposit and withdrawal after the futures settlement account is opened, and provide investors with better services.