Cognitive behavioral analysis of the impact of the Bank of China’s “Crude Oil Treasure” futures on investors’ investment anxiety

Abstract

Background

“Crude Oil Treasure” is a trading product linked to domestic and foreign crude oil futures contracts for the whole society investors launched by the Bank of China in January 2018. It is not only a tool to hedge risks but also has the function of positioning and speculation. But with the development of lots today, more investors participate in speculating to earn the difference. The Bank of China’s “crude oil treasure” crash incident made people aware of the considerable investment risk and gave investors a warning lesson.

Subjects and Methods

Investors worry about losing money, especially when the market goes down. This worry will affect the rational judgment of investors, and excessive supervision will lead to emotional reactions of investors, such as insomnia and anxiety. This paper analyzes the cognitive behavior of some investors’ investment anxiety after the Bank of China’s “crude oil treasure” futures implosion event. A random selection of 90 investors with knowledge of the event. SPSS23.0 software was used to analyze the anxiety behavior of event investors.

Results

Before the experiment, the baseline data of all investors were not statistically significant (P>0.05). After the event, investors’ investment anxiety was significantly improved, and the difference was statistically significant (P<0.05).

Conclusions

The Bank of China’s “crude oil treasure” crash event gives investors a more sober and rational mood, thereby reducing investor anxiety.