Currently, it is important to pay attention to the key points in futures trading, focus on relevant issues in current futures trading, understand the performance of the futures market, and execute futures trading effectively. To trade futures successfully, it is essential to note the key points of current trading.

1. Price Discovery Function

Due to low margin requirements and cheap transaction fees, the futures market has excellent liquidity. Once information affects market expectations, it is quickly reflected in the futures market and can be rapidly transmitted to the spot market, thereby balancing spot market prices.

2. Diversifying Investment Risks

The introduction of stock index futures provides a way for the market to hedge risks. Risk transfer in futures is achieved through hedging. If an investor holds stocks correlated with a stock index, they can sell stock index futures contracts to prevent losses from future declines—i.e., when short positions in stock index futures are paired with long positions in stocks, the investor avoids overall position risk. Stock index futures help investors allocate assets rationally. If an investor only seeks average returns from the stock market or favors a specific type of stock (e.g., tech stocks), buying all such stocks in the spot market would require substantial capital.

However, purchasing stock index futures requires only a small amount of capital to track the broader market index or a relevant tech stock index, achieving the goal of sharing market profits. Additionally, stock index futures have short durations (typically three months) and strong liquidity, enabling investors to quickly adjust their asset structures and allocate resources efficiently.

3. Hedging Capability

When the market price of stock index futures deviates significantly from its fair value, arbitrage opportunities arise. The launch of stock index futures also helps state-owned enterprises raise funds directly in the securities market. Furthermore, stock index futures can mitigate the impact of fund redemptions on the stock market.

4. Stimulating the Stock Market

On one hand, investors gain direct risk management tools, allowing them to control portfolio risk within a floating range using index futures. On the other hand, index futures enable investors to time their market entry accurately to implement their investment strategies effectively.

Pay attention to the relevant key points in futures trading, focus on the critical aspects of futures trading, stay updated on the current futures market, note the trading knowledge points, and emphasize the key knowledge in trading.