For example, the latest price of commodity futures A is 3 100, and the price of selling one is 3 10 1. Then in the handicap, the latest price shows the price of buying one, 3 100. If you want to buy at this time, then the rival price is 3101; If you want to sell, the rival price is 3 100. Therefore, if you want to take the initiative to close the transaction, then the price of the transaction is set to the price of the opponent.
However, competitors' prices change quickly. If someone sets the market price to buy, the opponent's price may not be clinched. The reason is that the market price changes rapidly. If the Committee has a deal, the number of pending orders will be reduced. After the market price is closed, the opponent price will naturally not be closed.
Which is better, the opening price of futures or the latest price?
In the futures market, there are generally four trading orders, namely, queuing price, rival price, market price and latest price.
Take buying as an example. As the name implies, the opponent's price is the price of selling one, and the price of queuing is the price of buying one. The latest price can be to sell one or buy one, depending on what the latest transaction is. A market order refers to an order with unlimited price and trading according to the best quotation that can be executed in the market at that time.
Generally speaking, to ensure the transaction, compared with the latest price, it is safer to use the opponent's price. There may be a certain chance that the latest price will not be concluded. If the market fluctuates very quickly, even if the rival price is possible, you can't make a deal, because when you see the order, the market has actually left that price. What really affects the futures price is the market closing order, provided that your trading funds are large enough, but the corresponding sliding points are also the most.
Opening a position at the opponent's price can close the position faster than opening a position at the latest price, but the position may not be as good as the latest price. That is to say, if you don't care about the price of one or two points and just want to close the position quickly, then you'd better use the opponent's price.