Futures contract code consists of variety+contract month. Futures contracts are different from stocks. Futures contracts are time-limited and must be delivered when held. A futures contract is an agreement in which the buyer agrees to receive assets at a specific price after a specified time, and the seller agrees to deliver assets at a specific price after a specified time. The price that both parties agree to use in future transactions is called futures price. The designated date on which both parties must conduct transactions in the future is called settlement date or delivery date. The assets that both parties agree to exchange are called "targets". If an investor obtains a position in the market by buying a futures contract (that is, agreeing to buy it at a future date), it is called a long position or a futures long position. On the contrary, if the position obtained by investors is to sell futures contracts (that is, to assume the contractual responsibility for future sales), it is called short positions or short futures.

Tips: If the contract of futures trading expires on the last trading day, the varieties are slightly different. For details, please refer to official website Stock Exchange. There are risks in entering the market, so investment needs to be cautious.

Response time: 2021-12-21. Please refer to the latest business changes announced by Ping An Bank in official website.