期货做长线怎么解决合约价差期货做长线要换合约吗

2023-05-27 11:30:55

『壹』违反股指期货开仓限制如何处置

你好，部分客户还存在合并持仓超限情况，违反了交易所限仓规定。依据《中国金融期货交易所违规违约处理办法》第二十八条、第三十条和《中国金融期货交易所实际控制关系账户报备指引》第九条的规定，中金所决定对上述违反诚信义务的行为予以通报批评，并对其中存在合并持仓超限、不配合报备工作情形的13组客户采取银伏团限制开仓6个月的处罚措施，对另外5组未履行报备义务的客户采取限制开仓3个月的处罚措施。

中金所已将上述客户列入重点监厅笑控名单，对其未来的交易行为重点监控，一旦发现可疑行为将一查到底，绝不姑息。

中金所呼吁投资者切实履行实际控制账户报告与备案义务，诚信参与市场，合规、理性交易，并敦促期货公司会员加强客户管理，严格落实实际控制关系报备管理要求。中金所将继续加强市场监管，严肃查处各锋橘类违法违规违约行为，切实维护市场健康稳定发展。

『贰』请问，股指期货，想长线持有，但当月合约到期交割后，怎么办继续买下个月合约

追加保证金，也可以继续买下个月合约，但不建议去长期持有股指期货。因为一个人赚的钱就是另一个人亏的钱，这个市场永远不能创造新的财富，那么所谓投资就失去了意义。
在传统的期货市场中，参与者只有两类——投机者和保值者。保值者让度利润给投机者以对冲现货风险；投机者连接买卖保值者，使市场更加连续和活跃，使价格信息更有效。两类参与者的合作让期货市场有了“价格发现”和“套期保值”的功能。
但是，随着大量“投资”资金加入到投机者行列，期货市场的两类参与者力量对比失衡。在期货交易零和博弈的游戏规则面前，投机者的规模不断扩大之后，其盈利预期和盈利规模也在不断增长；而这些资金获得的盈利则代表了保值者的亏损。当保值者无法“支付”投机者的盈利时，保值者唯有选择退出。
所以，不建议长期持有。

『叁』期货怎么做长线

你好，做中长线的技巧:第一,在行情波动中,当行情处于上升趋势,价格回调到上升支撑线时,可多单介入,并以跌破趋势线作为多单止损点。第二,在行情波动中,当行情处于上升趋势,价格攀升到上升压力线时,可将多单平仓卖出,不做卖出交易,等待再次买入交易。下降趋势线分下降压力线和下降支撑线两种。

『肆』期货违约怎么办

黄金期货交割出现违约，由违约方支付违约部分合约价值5%的违约金，同时按以下办法处理：

1、卖方违约的，买方可做如下的一项选择

（1）终止交割：交易所退还买方货款；

（2）继续交割：交易所在判定卖方违约的下一交易日发布标准仓单征购公告，并在七个交易日内组织征购。征购成功，交易所支付给买方标准仓单；征购失败，卖方支付给买方违约部分合约价值15%的赔偿金，交易所退还买方交割货款后终止交割，卖方承担因征购产生的一切经济损失和费用。

2、买方违约的，卖方可做如下的一项选择

（1）终止交割：交易所退还卖方标准仓单；

（2）继续交割：交易所在判定买方违约的下一交易日发布标准仓单竞卖公告，并在七个交易日内组织竞卖。竞卖成功，交易所支付给卖方交割货款；竞卖失败，买方支付给卖方违约部分合约价值15%的赔偿金，交易所退还卖方标准仓单后终止交割，买方承担因竞卖产生的一切经济损失和费用。

买方/卖方违约，另一方选择终止交割，终止交割后，交易所交割担保责任了结。

若买卖双方都违约的，交易所按终止交割处理，并对双方分别处以违约部分合约价值5%的罚款。

会员发生部分交割违约时，违约会员所接标准仓单或所得货款可用于违约处理。会员在实物交割环节上蓄意违约，按《上海期货交易所违规处理办法》的有关规定处理，发生违约行为的会员当事人及指定交割金库有义务提供与违约行为相关的证据材料。会员拒不提供证据的，不影响对违约事实的认定。

拓展资料

期货交易特征
双向性
期货交易与股市的一个最大区别就期货可以双向交易，期货可以买多也可卖空。价格上涨时可以低买高卖，价格下跌时可以高卖低买。做多可以赚钱，而做空也可以赚钱，所以说期货无熊市。（在熊市中，股市会萧条而期货市场却风光依旧，机会依然。）
费用低
对期货交易国家不征收印花税等税费，唯一费用就是交易手续费。国内三家交易所手续在万分之二、三左右，加上经纪公司的附加费用，单边手续费亦不足交易额的千分之一。（低廉的费用是成功的一个保证）
杠杆作用
杠杆原理是期货投资魅力所在。期货市场里交易无需支付全部资金，国内期货交易只需要支付5%保证金即可获得未来交易的权利。由于保证金的运用，原本行情被以十余倍放大。假设某日铜价格封涨停（期货里涨停仅为上个交易日结算价的3%），操作对了，资金利润率达60%（3%÷5%）之巨，是股市涨停板的6倍。（有机会才能赚钱）
机会翻番
期货是“T+0”的交易，使您的资金应用达到极致，您在把握趋势后，可以随时交易，随时平仓。（方便的进出可以增加投资的安全性）
大于负市场
期货是零和市场，期货市场本身并不创造利润。在某一时段里，不考虑资金的进出和提取交易费用，期货市场总资金量是不变的，市场参与者的盈利来自另一个交易者的亏损。在股票市场步入熊市之即，市场价格大幅缩水，加之分红的微薄，国家、企业吸纳资金，也无做空机制。股票市场的资金总量在一段时间里会出现负增长，获利总额将小于亏损额。（零永远大于负数）
综合国家政策、经济发展需要以及期货的本身特点都决定期货有着巨大发展空间。股指期货的全称是股票价格指数期货，也可称为股价指数期货、期指，是指以股价指数为标的的标准化期货合约，双方约定在未来的某个特定日期，可以按照事先确定的股价指数的大小，进行标的指数的买卖。作为期货交易的一种类型，股指期货交易与普通商品期货交易具有基本相同的特征和流程。

『伍』期货为什么不能做长线呢

期货不能做长线最主要的原因是：

1.期货杠杆比较大，长线持有风险很大；

2.资本市场变化很快，长线很难适应变化的节奏；

3.未来不可预测，任何事情都可能发生，长线持有没有优势。

期货很多人都比较熟悉，但是做期货的人很少，最主要的原因就是期货的风险比较大。股票投资如果亏损，我们可以持有不动；期货如果出现亏损，我们没有保证金直接就爆仓了。这也是股票我们可以长线持有，期货不能够长线持有的原因。

三、普通投资者不建议做期货

期货高风险高收益，期货市场要成功太难，九次成功一次失败都可能血本无归，这就是期货的残酷性。

一般投资者不建议做期货，期货有杠杆，一个小的波动都会让人感到紧张，期货比樱耐股票更难，成功率更低，做期货基本上都是九死一生，普通投资者最好还是不要参与。

『一』How to deal with violations of stock index futures position opening restrictions

Hello, some customers still have combined positions exceeding the limit, violating the exchange's position limit regulations. In accordance with the provisions of Articles 28 and 30 of the "Measures for Handling Violations and Defaults of China Financial Futures Exchange" and Article 9 of the "Guidelines for Reporting Accounts with Actual Control Relationships of China Financial Futures Exchange", CFFEX has decided to take action against the above-mentioned violations. The Bank will report and criticize the behavior of the company's fiduciary obligations, and impose penalty measures on 13 groups of customers whose combined positions exceed the limit and do not cooperate with the reporting work, and the Yinfu Group will restrict the opening of positions for 6 months, and the other 5 groups will not perform the reporting obligations. Customers have taken punitive measures to limit opening positions for 3 months.

CICC has included the above-mentioned client on the list of key supervisory authorities and will monitor its future trading behavior. Once suspicious behavior is discovered, it will be investigated thoroughly and will not be tolerated.

CICC calls on investors to earnestly fulfill their actual control account reporting and filing obligations, participate in the market with integrity, conduct compliant and rational transactions, and urges futures company members to strengthen customer management and strictly implement actual control relationship reporting management requirements. CFFEX will continue to strengthen market supervision, seriously investigate and punish all types of violations and breach of contract, and effectively maintain the healthy and stable development of the market.

『二』Excuse me, I want to hold stock index futures for a long time, but after the current month’s contract expires and is delivered, what should I do if I continue to buy the next month’s contract?

You can also continue to buy by adding a margin call. Next month's contract, but it is not recommended to hold stock index futures for a long time. Because the money one person makes is the money another person loses, and this market can never create new wealth, then the so-called investment loses its meaning.
In the traditional futures market, there are only two types of participants - speculators and value hedgers. The value protector gives profits to the speculators to hedge spot risks; the speculators connect the buyers and sellers of the value protector, making the market more continuous and active, and making the price information more effective. The cooperation between the two types of participants gives the futures market the functions of "price discovery" and "hedging".
However, as a large number of "investment" funds join the ranks of speculators, the power balance between the two types of participants in the futures market is imbalanced. In the face of the zero-sum game rules of futures trading, as the size of speculators continues to expand, their profit expectations and profit scale also continue to grow; and the profits obtained by these funds represent the losses of hedging investors. When the value preserver cannot "pay" the profits of the speculators, the value preserver has no choice but to exit.
Therefore, it is not recommended to hold it for a long time.

『三』How to do long-term futures

Hello, tips for doing medium and long-term: first, in market fluctuations, when the market is in an upward trend, the price will call back to the rising support line At this time, you can intervene with multiple orders, and use the fall below the trend line as the stop loss point for multiple orders. Second, during market fluctuations, when the market is in an upward trend and the price climbs to the upward pressure line, long orders can be closed and sold, without selling transactions, and waiting for another buying transaction. There are two types of downward trend lines: downward pressure lines and downward support lines.

『四』What to do if futures defaults

If there is a default in the delivery of gold futures, the defaulting party will pay a penalty of 5% of the contract value of the defaulted part, and the following methods will be followed:

1. If the seller defaults, the buyer can make one of the following choices

(1) Terminate delivery: the exchange will refund the buyer’s payment;

(2) Continue delivery: the exchange will determine the seller’s default. An announcement for the purchase of standard warehouse receipts will be issued on the first trading day, and the purchase will be organized within seven trading days. If the acquisition is successful, the exchange will pay the buyer a standard warehouse receipt; if the acquisition fails, the seller will pay 15% of the contract value of the defaulted part to the buyer as compensation. The exchange will refund the buyer's delivery payment and then terminate the delivery. The seller shall bear all economic losses and expenses arising from the acquisition. .

2. If the buyer defaults, the seller can make one of the following choices

(1) Terminate delivery: the exchange returns the seller’s standard warrant;

(2) Continue Delivery: The exchange will issue a standard warehouse receipt auction announcement on the next trading day after it is determined that the buyer has defaulted, and organize an auction within seven trading days. If the auction is successful, the exchange will pay the seller the delivery price; if the auction fails, the buyer will pay 15% of the contract value of the defaulted part to the seller as compensation. The exchange will return the seller's standard warehouse receipt and terminate the delivery. The buyer will bear all economic losses and expenses arising from the auction. .

The buyer/seller defaults and the other party chooses to terminate delivery. After the delivery is terminated, the exchange's delivery guarantee liability is settled.

If both the buyer and the seller default, the exchange will terminate delivery and impose a fine of 5% of the value of the defaulted contract on both parties.

When a member defaults on partial delivery, the standard warehouse receipts or payments received by the defaulting member can be used to deal with the default. If a member intentionally breaches the contract during the physical delivery process, it shall be dealt with in accordance with the relevant provisions of the "Measures for Handling Violations of Shanghai Futures Exchange". The member party that breached the contract and the designated delivery vault are obliged to provide evidence related to the breach of contract. If a member refuses to provide evidence, it will not affect the determination of the fact of breach of contract.

Extended information

Characteristics of futures trading
Bi-directionality
One of the biggest differences between futures trading and the stock market is that futures can be traded in both directions, and futures can be bought long or short. You can buy low and sell high when prices rise, and sell high and buy low when prices fall. You can make money by going long, and you can also make money by going short, so there is no bear market in futures. (In a bear market, the stock market will be depressed but the futures market will remain prosperous and the opportunities will remain.)
Low fees
No stamp duty or other taxes are levied on futures trading countries, and the only fee is the transaction fee. The procedures for the three domestic exchanges are around 2-3% of the transaction amount. Including the additional fees of brokerage companies, the unilateral handling fee is less than 1% of the transaction amount. (Low fees are a guarantee of success)
Leverage
The principle of leverage is the charm of futures investment. There is no need to pay all funds for transactions in the futures market. Domestic futures transactions only require a 5% margin to obtain the future.Right to trade. Due to the use of margin, the original market price was magnified by more than ten times. Assume that the price of copper reaches its upper limit on a certain day (the upper limit in futures is only 3% of the settlement price on the previous trading day), and if the operation is done correctly, the capital profit rate will reach a huge 60% (3%÷5%), which is 6 times the daily limit of the stock market. . (Only when you have a chance can you make money)
The chance of doubling
Futures is a "T+0" transaction, which maximizes the use of your funds. After you grasp the trend, you can trade at any time and close your position at any time. (Convenient entry and exit can increase the security of investment)
Greater than a negative market
Futures are a zero-sum market, and the futures market itself does not create profits. In a certain period of time, regardless of the transaction fees for the entry, exit and withdrawal of funds, the total amount of funds in the futures market remains unchanged, and the profit of a market participant comes from the loss of another trader. When the stock market entered a bear market, market prices shrank significantly, and dividends were meager. There was no short-selling mechanism for the state and companies to absorb funds. The total amount of funds in the stock market will experience negative growth for a period of time, and the total profit will be less than the loss. (Zero is always greater than a negative number)
Comprehensive national policies, economic development needs and the characteristics of futures determine that futures have huge room for development. The full name of stock index futures is stock price index futures, which can also be called stock price index futures and futures index. It refers to a standardized futures contract with the stock price index as the underlying target. The two parties agree that on a specific date in the future, they can follow the predetermined stock price index. size, buy and sell the underlying index. As a type of futures trading, stock index futures trading has basically the same characteristics and processes as ordinary commodity futures trading.

『五』Why can’t futures be used in the long term?

The main reasons why futures cannot be used in the long term are:

1. Futures leverage is relatively large. The risk of long-term holding is very high;

2. The capital market changes rapidly, and it is difficult for the long-term to adapt to the rhythm of change;

3. The future is unpredictable and anything can happen. There is no advantage to holding.

Many people are familiar with futures, but very few people do it. The main reason is that the risk of futures is relatively high. If the stock investment suffers a loss, we can hold it; if the futures investment suffers a loss, we will liquidate the position directly without a margin. This is why we can hold stocks for the long term, but futures cannot be held for the long term.

3. Ordinary investors are not recommended to do futures

Futures are high-risk and high-yield. It is too difficult to succeed in the futures market. It is possible to succeed nine times and fail even once. Losing all your money is the cruelty of futures.

General investors are not recommended to do futures. Futures are leveraged, and a small fluctuation will make people feel nervous. Futures are more difficult than Yingnai stocks, and the success rate is lower. Doing futures is basically a narrow escape. Ordinary investors are better off not participating.