The full name of stock index futures is stock price index futures, which can also be called stock index futures and futures index. It refers to the standardized futures contract with the stock index as the subject matter. The two sides agreed that on a specific date in the future, they can buy and sell the underlying index according to the size of the stock index determined in advance. As a type of futures trading, stock index futures trading has basically the same characteristics and processes as ordinary commodity futures trading.
Warrant refers to the securities issued by the issuer of the target securities or a third party other than the issuer, and the agreed holder has the right to buy or sell the target securities from the issuer at the agreed price within a specific period or a specific maturity date, or collect the settlement price difference by cash settlement.
The statistical methods of Shanghai Stock Exchange and Shenzhen Stock Exchange are different.
The "Shanghai Composite Index" is compiled by the Shanghai Stock Exchange, with all the stocks listed on the Shanghai Stock Exchange as the calculation range and circulation as the weight. The Shanghai Composite Index reflects the overall trend of the Shanghai Stock Exchange market.
The Shanghai Stock Exchange will select a sample of listed companies in Shanghai that have completed the share-trading reform and issue a new Shanghai Composite Index to reflect the market trend of these stocks and provide investors with new investment standards. It is reported that the "new composite index" of G shares will be released on the first trading day of 2006.
The release of the new Shanghai Composite Index is based on 65438+February 30, 2005.
Shenzhen Stock Exchange Index refers to the stock price index compiled by Shenzhen Stock Exchange. The calculation method of this stock index is basically the same as that of the Shanghai Stock Exchange. Its sample is all the stocks listed on Shenzhen Stock Exchange, and the weight is the total share capital of the stocks. Because it is based on all listed companies as samples, its representation is very extensive, and it is released simultaneously with Shenzhen Stock Exchange.