1. The daily settlement time of the spot market is 4: 00-6: 00 every morning, and the market is closed for 2 hours every day.

Then the opening time is 6 am and the closing time is 4 am.

2. Derivation of trading time of futures market: 9:00- 10: 15,10: 30-1:30,13: 30-/kloc.

3. Derivation of the opening trading time of the stock market: 9: 30-1:30, 13:00- 15:00.