1 thought on “mens costume jewelry wholesale What is the difference between commodity futures and financial futures?”
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china costume jewelry wholesale [Abstract] Commodity futures and financial futures are the two categories of futures. In recent years, they have developed rapidly in recent years. Commodity futures and financial futures are the same, but there are differences. Correctly understanding the difference between commodity futures and financial futures can help people invest better. The following is a brief introduction to the difference between commodity futures and financial futures. Is the investment dividend insurance worth it? Critical illness dividend insurance, investment guarantee is not wrong! 1. Financial futures do not have actual target assets (such as stock index futures, etc.), and the objects of commodity futures transactions are products with physical forms, such as agricultural products, metals, etc. 2. The delivery of financial futures has great convenience. The delivery of commodity futures is relatively complicated. In addition to strict regulations for delivery time, place, and delivery methods, the delivery level must also be strictly divided. The delivery of financial futures generally take cash settlement, so it is much easier. In addition, even if some financial futures (such as foreign exchange futures and bond futures) occur in physical delivery, because these products are homogeneous and basically do not have transportation costs. 3. Some financial futures have a longer expiration date than commodity futures. The validity period of the futures contract of the US government's long -term national treasury coupon can be as long as several years. Commodity futures prices, especially agricultural futures prices are affected by seasonal factors. 4. Holding costs are different. The cost of holding futures contract holding the expiration date is the cost of holding, including three items: storage costs, transportation costs, and financing costs. Various commodities need to be stored in storage, storage costs, and financial futures contracts do not require storage costs. If the target of financial futures is stored in financial institutions, there are interest, such as the interest of the equity's dividends, bonds and foreign exchange interest, sometimes these interests exceed the cost of stored and generate holding income (that is, the cost of holding). 5. The discount price of financial futures is greatly reduced. In commodity futures, due to large delivery costs, these delivery costs bring certain losses to both and short parties. In financial futures, because there is no transportation cost and warehouse outbound fee, this price blind area will be greatly reduced. 6. It is difficult to force the market in financial futures. In commodity futures, there are sometimes strokes. It usually shows that there are large differences in the current price and exceed the reasonable range. The more serious forced warehouse is to control the spot and futures at the same time. The reason why it is difficult for financial futures to force a warehouse is because the financial spot market is a huge market, and the dealer is not easy to manipulate; the second is because of the existence of strong arbitrage forces in the period, they will bury those who try to launch the pose of the market market. In the end, some financial futures that implemented cash delivery, and the final cutting price of futures contracts was the spot price at the time, which was equivalent to establishing a compulsory convergence guarantee system. The reminder: The above is the main difference between commodity futures and financial futures, and investors need to distinguish. Experts point out that the biggest difference between commodity futures and financial futures is the different transaction objects. The object of the commodity futures is a product with physical form, and the object of financial futures is the invisible asset that is invisible.
china costume jewelry wholesale [Abstract] Commodity futures and financial futures are the two categories of futures. In recent years, they have developed rapidly in recent years. Commodity futures and financial futures are the same, but there are differences. Correctly understanding the difference between commodity futures and financial futures can help people invest better. The following is a brief introduction to the difference between commodity futures and financial futures.
Is the investment dividend insurance worth it? Critical illness dividend insurance, investment guarantee is not wrong! 1. Financial futures do not have actual target assets (such as stock index futures, etc.), and the objects of commodity futures transactions are products with physical forms, such as agricultural products, metals, etc.
2. The delivery of financial futures has great convenience. The delivery of commodity futures is relatively complicated. In addition to strict regulations for delivery time, place, and delivery methods, the delivery level must also be strictly divided. The delivery of financial futures generally take cash settlement, so it is much easier. In addition, even if some financial futures (such as foreign exchange futures and bond futures) occur in physical delivery, because these products are homogeneous and basically do not have transportation costs.
3. Some financial futures have a longer expiration date than commodity futures. The validity period of the futures contract of the US government's long -term national treasury coupon can be as long as several years. Commodity futures prices, especially agricultural futures prices are affected by seasonal factors.
4. Holding costs are different. The cost of holding futures contract holding the expiration date is the cost of holding, including three items: storage costs, transportation costs, and financing costs. Various commodities need to be stored in storage, storage costs, and financial futures contracts do not require storage costs. If the target of financial futures is stored in financial institutions, there are interest, such as the interest of the equity's dividends, bonds and foreign exchange interest, sometimes these interests exceed the cost of stored and generate holding income (that is, the cost of holding).
5. The discount price of financial futures is greatly reduced. In commodity futures, due to large delivery costs, these delivery costs bring certain losses to both and short parties. In financial futures, because there is no transportation cost and warehouse outbound fee, this price blind area will be greatly reduced.
6. It is difficult to force the market in financial futures. In commodity futures, there are sometimes strokes. It usually shows that there are large differences in the current price and exceed the reasonable range. The more serious forced warehouse is to control the spot and futures at the same time. The reason why it is difficult for financial futures to force a warehouse is because the financial spot market is a huge market, and the dealer is not easy to manipulate; the second is because of the existence of strong arbitrage forces in the period, they will bury those who try to launch the pose of the market market. In the end, some financial futures that implemented cash delivery, and the final cutting price of futures contracts was the spot price at the time, which was equivalent to establishing a compulsory convergence guarantee system.
The reminder: The above is the main difference between commodity futures and financial futures, and investors need to distinguish. Experts point out that the biggest difference between commodity futures and financial futures is the different transaction objects. The object of the commodity futures is a product with physical form, and the object of financial futures is the invisible asset that is invisible.