IF refers to index futures, that is, stock index futures It is called stock index futures, and it can also be called stock index futures and futures index. It refers to the standardized futures contract with the stock price index as the subject matter. Both parties agree that on a specific date in the future, they can buy and sell the underlying index according to the size of the stock price index determined in advance, and then settle the difference in cash after the expiration.

At present, there is only one product in China Mainland, that is, the Shanghai-Shenzhen 300 stock index futures contract with the Shanghai-Shenzhen 300 index as the subject matter compiled by China Financial Futures Exchange. The code is if.

Specific contract contents:

Subject matter of contract: Shanghai and Shenzhen 300 Index

Contract multiplier: 300 yuan per point.

Quotation unit: index point

Minimum price change: 0.2 point

Contract month: current month, next month and next two quarters.

Trading hours: 9: 00 a.m.15-1:30 a.m. and13: 00 p.m.-15 p.m.

Trading time of the last trading day: 9: 00 a.m.15-1:30:13: 00-65438+05:00 p.m.

Maximum fluctuation limit of daily price: 65438+ 00% of the settlement price of stock index futures on the previous trading day.

Minimum trading margin: 8% of the contract value of stock index futures.

Last trading day: the third Friday of the expiration month of the stock index futures contract, which will be postponed in case of legal holidays.

Delivery date: the same as the last trading day.

Mode of delivery: cash delivery

Transaction Code: If

Listed Exchange: China Financial Futures Exchange

Among them, the specific code of trading software consists of if+ current year and month, such as IF 1504, which represents the stock index futures contract in April of 20 15.

Reference source: Shanghai and Shenzhen 300 stock index futures contracts:/view/1114599.htm.