Current location - Trademark Inquiry Complete Network - Futures platform - Is the futures settlement price the weighted average price of the last hour or the weighted average price of the day? Look at the internet, some say this and some say that. I feel dizzy.
Is the futures settlement price the weighted average price of the last hour or the weighted average price of the day? Look at the internet, some say this and some say that. I feel dizzy.
Commodity futures settlement price: the settlement price of the day is the weighted average price based on the transaction price and trading volume of the futures contract on the day. If there is no transaction price on that day, the settlement price of the previous trading day shall be the settlement price of that day.

Settlement price of stock index futures: the daily settlement price is the weighted average price of the transaction price in the last hour of the day according to the volume.

Stock index futures settlement price: the arithmetic average price of the last two hours of the Shanghai and Shenzhen 300 Index.