A: Volume refers to the number of lots sold at a certain moment. For example, at 9: 05, the volume is 1 500 lots. That is to say, at 9: 05, 750 lots were bought and 750 lots were sold in this minute, so 1500 lots were sold. Then if this reasoning continues, the turnover of a certain day will be incomprehensible.

The meaning of open position, for example, is the same as the previous example, at 9: 05, the transaction was 1 0,500 lots, but the open position in the market was 1 0,000,000 lots, which means that at 9: 05, the total number of contracts held in the commodity market was 654,380+0,000 lots.

Question 2: Is the trading volume in futures the same as that in stocks? For example, there are 50,000 short positions and 50,000 long positions today. Is the turnover 50,000 lots?

Answer: No, in China: In futures, there are 50,000 short lots and 50,000 long lots, so the trading volume is bilateral, which is 6,543,800+10,000 lots. This needs attention. This is different from abroad. In foreign countries, there are 50,000 short lots and 50,000 long lots, so the turnover is 50,000 lots.

Question 3: What do you mean by opening a position?

A: It is the total number of contracts in this market.

I hope it helps you.