What does CSI 1000 stock index futures mean?

CSI 1000 stock index futures are contracts with CSI 1000 index as the subject matter.

In terms of index, the CSI 500 Index consists of the top 500 stocks with total market value, that is, the stocks ranked 30 1~800, excluding the constituent stocks of the Shanghai and Shenzhen 300 Index and the top 300 stocks with total market value. CSI 800 Index is the index of CSI 500 and CSI 300. The CSI 1000 index selects the smaller and more liquid 1000 securities other than the CSI 800 index sample as the sample.

The CSI 1000 stock index futures account basically needs to meet three conditions:

1, capital verification of 500,000 yuan in 5 days.

2. 10 commodity futures trading record or 20 simulated trading records.

3. The Futures Association passed the official website exam, with a score of 80 or above.

Meet these three conditions, you can apply for the opening of CSI 1000 stock index futures authority. Prepare your ID card, save your bank card, and download the futures company APP on your mobile phone to apply. If SSE 50, CSI 300 or CSI 500 stock index futures have been opened before, there is no need to open CSI 1000 stock index futures separately. The trading rules of these four stock index futures are basically the same, and they all belong to the listing management of China Financial Futures Exchange.

The trading rules of CSI 1000 stock index futures are as follows:

1, minimum transaction unit

The minimum trading unit is 1 lot, and the minimum price change is 0.2 point, and each point is RMB 200 yuan.

2. Trading time

Trading day 9: 30-11:3013: 00-15: 00.

3. Price limit:

The maximum daily price fluctuation is limited to+10% of the settlement price of the previous trading day, and the increase and decrease of the contract on the last trading day of the expiration month is limited to 20% of the settlement price of the previous trading day.

4. Edge

8% of the contract value.

5. Transaction costs

The delivery fee standard is one ten thousandth of the delivery amount.