The futures main contract is the continuous price of the main contract, that is to say, the main contract is the mechanical connection of all the main contracts to form a continuous contract, and the daily trading volume and positions are the largest, which will form a relatively continuous K-line chart. Which is the main contract.
The main contract is the connection of the main contracts in different periods, and the index is formed by weighting all contracts according to the volume. Obviously, there is a gap in the main contract because of the month change, and the index is the weight of all contracts, so there will be excellent continuity.
Futures continuity is the K-line connection of the contract with the largest trading volume, that is to say, which contract has the largest trading volume, and the K-line on futures continuity is the K-line diagram of this contract.
Futures index: refers to futures contracts with index-based assets, such as stock index futures. The commodity index calculated by weighting the trading volume of each contract is generally recorded as an index in commodities, while it is directly recorded as a weighted contract in CICC, such as IF weighting.
Contract: a standardized contract made by a futures exchange to deliver a certain quantity and quality of the subject matter at a specific time and place in the future.
Futures commission: equivalent to the commission in the stock. For stocks, the expenses of stock trading include stamp duty, commission and transfer fees. Relatively speaking, the cost of engaging in futures trading is only the handling fee. Futures commission refers to the fees paid by futures traders according to a certain proportion of the total contract value after the transaction.
Futures market first appeared in Europe. As early as ancient Greece and Rome, there were central trading places, bulk barter transactions, and trading activities with the nature of futures trade. The original futures trading was developed from spot forward trading.
The first modern futures exchange 1848 was established in Chicago, USA, and 1865 established a standard contract model. In 1990s, China Modern Futures Exchange came into being. There are four futures exchanges in China: Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange and China Financial Futures Exchange. The price changes of its listed futures products have a far-reaching impact on related industries at home and abroad.