Stock index futures can be traded after reaching the upper and lower limits of daily maximum fluctuation. If the daily limit price is blocked, you can only sell open positions and buy positions; If the daily limit price is blocked, you can only buy and open positions, and sell and close positions.

Trading stock index futures must master the relevant trading rules of stock index futures. Today, Bian Xiao will explain to you what is the price limit of stock index futures (daily maximum fluctuation limit)!

On different dates and different contracts, the price limit of stock index futures is different.

1. The daily maximum price fluctuation limit of stock index futures contracts refers to the daily price fluctuation limit, which is 10% of the settlement price of the previous trading day.

2. Quarterly and monthly contracts fluctuate by 20% on the first day of listing, and stock index contracts fluctuate by 20% on the last trading day. If there are transactions on the first day of listing, the next trading day will return to the range of price limit stipulated in the contract; If there is no transaction on the first day of listing, the price limit of the previous trading day will continue to be implemented on the next trading day.

3. The price of the last trading day is limited to 20% of the settlement price of the previous trading day.

The above is the interpretation of the daily maximum fluctuation limit of stock index futures!