Price limit entrustment of virtual currency
Fire currency contract is a kind of digital currency derivatives. By judging the rise and fall, users can choose to buy long contracts or sell short contracts to obtain the income of the rise / fall of digital currency price. The fire currency contract uses the mode of delivery difference. When the contract expires, all open positions are closed according to the arithmetic average price of the last hour of the index price, rather than physical delivery
all contract transactions are in sheets. Each contract corresponds to a certain face value of digital currency. The face value of the BTC contract is US $100 and the minimum unit of variation at the time of quotation is US $0.01. The face value of other contract varieties, unless otherwise specified, is US $10, and the minimum unit of change in quotation is US $0.001
there are three types of fire currency contracts: current week, next week and quarter. Current week contract refers to the contract for delivery on the Friday nearest to the trading day; Next week contract refers to the contract for delivery on the second Friday nearest to the trading day
extended data:
description of contract elements:
subject: also known as underlying asset, which explains the problem of buying and selling something. At present, the target of bitcoin futures is the bitcoin price index, and the generation methods of settlement and delivery prices are based on this index
handling charge: unlike the stamp ty, commission, transfer fee and other fees for stock trading, the cost of futures trading is only handling charge. There are two kinds of service charges for bitcoin Futures Trading: opening charge and closing charge, which are charged when establishing a position (such as okcoin) and closing charge (such as 796). Bitcoin futures fees are generally 0.03% of the total contract value
Margin: margin is closely related to another concept leverage, which generally reflects the level of return and risk in terms of leverage ratio. For example, 796's new 50 times leverage (i.e. 2% margin) means that investors can buy 50 bitcoin futures contracts (i.e. 50 times leverage) by putting in one bitcoinlimit the price you want to buy
for example, if your account number is 999888 and you want to buy 10000 shares of Shenzhen Development at a price of
18.8 yuan, then the highest price you are willing to buy is
18.8 yuan, so you may pay 18.8 yuan or less than
18.8 yuan (18.7 yuan, 18.6 yuan, etc.)
for the transaction
however, if after placing an order, the transaction price in the market is higher than
18.8
or there is only a small amount of transaction in
18.8, your order may not be closed
when matching transactions in the stock exchange, time priority and price priority are adopted, that is to say, if the order is entered first, the transaction will be executed first. If the order is entered at the same time, the market price will take precedence over the limit price
B. market price entrustment
ask the other party to buy at the current market price
for example, "your account number is 999888. If you want to buy one from Shenzhen development, you are willing to buy it at the market price". In this case, the transaction price depends on the market trend at that time
however, e to the limit of up and down in China's stock market, no matter how popular a stock is, it can only go up 10% on the same day, and then lock up the up and down limit. No matter how abandoned a stock is, it can only go down 10% on the same day. Therefore, the so-called "at all costs" here is still within the up and down limit and can only be bought at the market price. At the highest, it can only be bought at the up and down price and sold at the market price, The lowest price can only be sold to the limit price
C. restrictions on use
since "market price" entrustment has the priority over "limit price" entrustment, if you have a craze for "not to marry, not to marry" for a stock, then use market price entrustment.
2. Digital currency is a kind of unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of specific virtual communities. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
response time: March 12, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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