English [? Index? fju:t？ Z] beauty [? n？ d？ ks？ fjut？ z]

[Interpretation] Index futures

[example]

Price discovery is the basic function of index futures.

Price discovery is the basic function of stock index futures.

Index futures quotation refers to index-based futures contracts, such as stock index futures. The English-Chinese Dictionary of Securities Investment by the Commercial Press explains: index futures; ; Stock index futures. Also called: stock index futures. Name. Use the plural. A futures contract in which the indexes in the securities market, such as S&P index and Hang Seng index, are executed. When trading, both parties to the contract agree to bear the ups and downs caused by stock price fluctuations, convert the stock index into cash units by points, and calculate the standard value of the contract by multiplying the trading unit by the stock index. The biggest feature of stock index futures is that it has the characteristics of both futures and stocks.