Innovax Futures Limited (CE Number: BNS087) is a corporation licensed under the Securities and Futures Ordinance for Type 2 regulated activity by the SFC to provide various Hong Kong Futures Exchange products and trading services, including Hang Seng Index Futures and Options and Hang Seng China Enterprises Index Futures and Options.
What is Futures?
Futures trading is a standardized legal contract concluded by the buyer and the seller through the futures exchange at a specific time with the agreed commodity type, price and quantity.
Characteristics of trading futures and options:
Leverage effect --- Futures is a tool with leverage. Investors buying or selling futures contracts are only need to pay a portion of the contracts' value
Opportunity --- Investors trading futures contracts have various profit making opportunities whether the price of underlying asset rise or fall.
Low Cost --- Trading fees of futures contracts are simple and lower than buying or selling securities.