Stock index futures is a kind of financial transaction, and it is necessary to abide by the relevant contract terms during the transaction. IC 1905 refers to the May 20 19 stock index futures contract, which will be delivered at the end of the month. At this point, traders need to fulfill their buying or selling obligations stipulated in the relevant contracts and complete the futures delivery process.
Delivery time is an important link in futures trading, which involves the essence and effect of futures trading. The delivery time of IC 1905 stock index futures contract is set on the third Friday of each year. This is also a common delivery schedule in the domestic futures market. After this point in time, the open contract will be automatically closed and the profit and loss will be settled according to the current market price.
It is also important that the last trading day before delivery refers to the last trading day before delivery. Before the delivery date, traders who buy and sell IC 1905 contracts can close their positions on the last trading day. Closing a position refers to selling the bought contract again at the same price or buying the sold contract again at the same price at the end of the trading day. This can avoid the risks brought by delivery.
Generally speaking, the delivery time of IC 1905 stock index futures is very important for traders. Before the delivery date, the buyer needs to prepare enough funds to complete the delivery, and the seller needs to fulfill the obligation of selling. At the same time, the last trading day before delivery is also an important time node for liquidation. Traders need to pay close attention to market changes and futures contract terms in order to make better trading decisions.