The average is only a simple average (100+110+90)/3 =100.
Question 2: What does the settlement price mean? The settlement price refers to the calculation and distribution of the trading margin, profit and loss, handling fee, delivery payment and other related funds of members according to the trading results and relevant regulations of the Exchange. The settlement of the members of the clearing registration exchange and the settlement of their customers by the members of the futures brokerage company will be included in the customer's margin account.
Question 3: What is the settlement price in futures? Closing price refers to the final trading price reached at the end of trading hours. The daily settlement price of commodity futures refers to the weighted average price of the transaction price of a futures contract according to the trading volume. 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. It also refers to the calculation and distribution of members' trading margin, profit and loss, handling fees, delivery funds and other related funds according to the trading results and relevant regulations of the exchange. The settlement includes the settlement of members by the exchange and the settlement of customers by the futures brokerage company, and the calculation results will be included in the customer's margin account.
Question 4: What does the futures settlement price mean? Settlement price: daily settlement system. It is to calculate the profit and loss of each open position according to the average price of the day as the settlement price after the close of each day. At the same time, the price is calculated as the daily limit of the next day. In other words, the settlement price is a theoretical price, and its matrix is the transfer of funds (deposits) from both sides.
And the profit and loss of each list is calculated according to its opening price and closing price:
You just need to calculate your opening price and final closing price. If there is no liquidation, it is the settlement price. Just settle the difference between the two.
Question 5: What does the settlement price mean? Position price: if the position is opened on the same day, the position price is equal to the position price; In the case of historical positions, the position price is equal to the settlement price of the previous trading day. Settlement price: the average price of the buying price and selling price at 10 minutes before the closing of the trading day is the settlement price, and the settlement price is the basis for calculating the profit and loss of the day and the price of commodity positions on the next trading day.
Question 6: What is the settlement price in futures? I can't understand the definition. For example, if others say they can't understand the definition, you are still talking about it. I like it, too.
Let me talk about it.
The settlement price is unique to futures. There is no such thing as stocks. (Alas, stocks are much simpler. When I first started doing futures, I was stupid. What's wrong with shorting? It took me more than half a year to get a half-baked photo. Don't laugh! )
Why does futures have such a thing as a settlement price more than stocks? Let's talk about the trading methods of futures and stocks first. There is only one direction for stocks, and everyone can only make money if they buy up. No short selling. If you want to make money from your stock, you can only buy it in three pieces. If someone pays more than three yuan for your stock, you can make money. Even if the latest price is 3.5 yuan, you may not be able to make money, because if you have a lot of stocks, but now the market is inactive and there is little market capital, you can't sell them, because once you sell them, the price will drop. So when you don't sell them, if you close in 3.5 yuan, then the closing price of 3.5 is the settlement price, which is the settlement price. Calculate your book profit as 50 cents.
But as for futures, some people buy up, others buy down. They open positions with each other. They gamble, and even if they bet, he still pays only 5%. Predicate is called two-way transaction and margin system, so there is a settlement problem. The daily debt-free settlement system is implemented at the close. What does this daily irresponsibility mean, that is, the money you take has gone up? Therefore, after the futures close every day, you should transfer the money of the people who make money to the account and transfer the money of the people who lose money. Only in this way can you ensure that the money you lose does not exceed the 5% deposit you paid. Only in this way can you be safe.
Then there is another problem. What is the price to settle after the close, so as to determine how much the people you bought up earned and how much the people you bought down lost? You have to have a price, so you will ask, just like stocks, to settle at the closing price. Yes, it is much easier. But let me ask you something. In one day, hundreds of thousands of hands were traded. At the moment of closing, if a person who is not afraid of death desperately buys 1000 lots, it will push up the price by dozens of points. If this price is fixed, will the bull stop laughing? Bears don't cry to death? Because the futures company will urge him to make up the money, otherwise it will be difficult tomorrow.
Let's start from here. There is a lot of money on the stock books. If you want to make a lot of money, you must have a fool to buy your stock at a certain price. Futures are bets made by both parties. As long as the price fluctuates, your money keeps changing. The exchange came up with a trick. It is best to use the average transaction price of the whole day as the settlement after the close. Therefore, both buyers and sellers will not suffer. So the settlement price of futures is
In addition, the settlement price has another purpose, which is to calculate the price limit of the next day according to the settlement price. As for the stock, if it closes in 3.5 yuan, the next day's daily limit is 10%, 3. 15 yuan, and 3.85 yuan is the daily limit price.
Futures are based on the average transaction price of the previous day (that is, the settlement price of futures).
You got it? good luck
Question 7: What does the settlement price mean? Settlement price of cooperation between travel agencies and travel agencies. Generally divided into: market price (unified price for external sales), preferential price (purchase price for tourists) and settlement price (peer price).
Question 8: What is the spot settlement price? Refers to the margin, profit and loss, handling fee and delivery goods collected from members according to the transaction results and relevant regulations of the exchange.
In addition, the settlement includes the settlement of members by the exchange and the settlement of customers by the futures brokerage company, and the calculation results will be included in the customer's margin account.
Question 9: What does the settlement price mean? Settlement price refers to the price of a certain variety calculated by using the weighted average price according to the price fluctuation after the close of the day. This price is mainly used in the market where there is no debt settlement on that day, and it is used to settle the profit and loss of the transaction on that day according to the settlement price at the closing time of the market.
The settlement includes the settlement of members by the exchange and the settlement of customers by the futures brokerage company, and the calculation results will be included in the customer's margin account.
At present, the daily settlement price of commodity futures in China is the weighted average price according to the daily transaction price and trading volume of futures contracts. 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.
Question 10: What does the settlement price mean? Settlement price: the price of money handled by buyers and sellers. Usually, it also refers to the weighted average price of the transaction price of the futures contract on the same day according to the volume, and based on this, the settlement is carried out on the same day.
Settlement price of stock index futures on the same day
2 consecutive price limits (3 for commodity futures)
The weighted average price of the last hour of the Shanghai and Shenzhen 300 futures contracts calculated by volume.
If there is no transaction in the last hour and the price is within the price limit, the stop-loss price shall be taken as the settlement price of the day.
If there is no transaction in the last hour and the price is not on the price limit, the weighted average price of the transaction price in the previous hour shall be taken according to the volume. If there is still no deal during this period, push it forward for another hour. And so on. If the trading time is less than one hour, the weighted average price of the whole period shall be taken.
If there is no transaction price on that day, the settlement price shall be determined as follows:
(1) If there are bilateral quotations at the closing, the average price of the highest buying price and the lowest selling price in the market shall be the settlement price;
(2) If there is no buyer's quotation in the market at the closing time, the lowest selling price in the market shall be the settlement price;
(3) If there is no seller's quotation in the market at the closing time, the highest purchase price in the market shall be the settlement price;
(4) At the closing, there is no quotation between the buyer and the seller, and the contract closest to the delivery month with the transaction on that day is taken as the benchmark contract. The calculation formula of the settlement price of this contract on the same day is: contract settlement price = yesterday's contract settlement price+today's benchmark contract settlement price-benchmark contract settlement price on the previous trading day.
If the contract is a new listed contract, the calculation formula of the settlement price of the day is: contract settlement price = contract benchmark price+benchmark contract settlement price today-benchmark contract settlement price on the previous trading day.
(5) If the settlement price of the day cannot be determined by the above method or the calculated settlement price is obviously unreasonable, the settlement team of the Exchange has the right to decide the settlement price of the day separately.