The trading hours of forward transactions are from Monday to Friday at 9:15-1:30 in the morning and 13: 30- 15: 00 in the afternoon (except national holidays); Among them, 9: 0015-9: 25 am is the opening declaration time, and 9: 25-9: 30 am is the opening pricing time.
The trading hours of listed electronic transactions are from 9: 00 to 15: 00 every Monday to Friday (excluding national statutory holidays).
The general process of extended data futures trading is as follows:
(1) The procedure for a futures trader to open an account with a brokerage firm includes signing a power of attorney authorizing the brokerage firm to buy and sell the contract on its behalf and paying the handling fee. After the brokerage company is authorized, it can buy and sell futures according to the terms of the contract and the customer's indicators.
(2) After receiving the customer's instruction, the broker shall immediately notify the representative of the brokerage company in the exchange by telephone, telex or other means.
(3) The trading representative of the brokerage company stamps the received order and sends it to the market representative in the trading hall.
(4) On-site and off-site representatives input customer instructions into the computer for trading.
(5) After each transaction is completed, the on-site and off-site representatives shall notify the off-site brokers of the transaction records and inform the customers.
(6) When the customer requests to close the futures contract, it shall immediately notify the broker, who will notify the trading representative stationed in the exchange by telephone, hedge the futures contract through the on-site and off-site representatives, and at the same time liquidate it through the trading computer, and the broker will send the hedged net profit and loss statement to the customer.
(7) If the customer fails to close the position in a short time, it will generally be settled once a day or once a week according to the settlement price of the exchange on that day. If there is a loss in the book, the customer needs to temporarily make up the loss difference; If there is a book surplus, the broker will pay the profit difference to the customer. The actual profit and loss can only be settled after the customer closes the position.
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