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What does the thread continuity of Shanghai futures market represent?
K-lines of contracts representing the largest continuous trading volume of futures are connected, that is to say, which contract has the largest trading volume, and the K-line of the futures line is the K-line diagram of this contract. For example, it is September, and if the contract volume in June 65438+February is the largest, the continuous chart shows the contract K line in June 65438+February. In the month of 10, the monthly contract volume of 10 next year is the largest, and the continuous chart shows the K-line chart of 10, and so on.

The continuous chart combines the K-line chart of one month with the main contracts with large turnover to form the K-line chart, which is used to analyze that when analyzing the active varieties with large turnover, most active contracts have a delivery period (and it is not stated that the period is longer than that of LME in March). Usually, the long contract period is more than years, which is convenient for research. The multi-market quotation system has established continuous contracts.

Compared with continuous thread, continuous thread, continuous thread, continuous thread, continuous corn, continuous beans and so on. A continuous contract does not refer to a specific contract, but the first trading contract in the current delivery month, the third trading contract in the current delivery month and so on.

With regard to the sample setting, according to the long-term change law of the market, traders found that the futures contract prices in recent months and March and April from the current delivery month were close to (representative of) the spot expected price and were active, so they continued to sample the contract prices (broken positions throughout the year) and studied and set up XX continuous, XX continuous and XX continuous market data.

As for LME (London Metal Exchange) March copper and other contracts, there is no delivery deadline, and there is no specific delivery date for continuous contracts. Traders choose any date to go through the delivery formalities, and their quotation is only used as the basic standard for premium at delivery.