1. Night trading starts at 9: 00 pm, but the closing time of different varieties is different.

Most varieties are traded at 9:00- 1 1:00 pm, such as black iron ore, rebar, corn, cotton and other agricultural products, methanol, rubber and other chemicals.

Non-ferrous metals are generally traded until the next morning 1.

Gold and silver, two precious metals, and the crude oil futures of the king of commodities are traded from 9 pm to 2: 30 am the next day. (Please see the picture below for all varieties) It should be noted that for varieties with night trading, the call auction time is 20:55-2 1:00 on the trading day, and the continuous trading (night trading) on the first working day before legal holidays (excluding weekends) will no longer be traded.

2. All varieties have daily trading, and the trading time of daily trading is generally: 09: 00-10:10: 30-1:3013: 30-/kloc-0. Continuous trading: 09: 30-11:3013: 00-15: 00-call auction: 9:19:/0/5. Continuous trading: 9:15-1:30,13: 00-15:15.

Three. Futures buying auction rules

The price of domestic futures contracts is formed by computer matching. The opening and closing prices of futures are generated by call auction.

The opening price of call auction is conducted within 5 minutes before the opening of a contract in a certain month of each trading day, in which the first 4 minutes are the time to declare the purchase and sale price orders of futures contracts, and the last 1 minute is the time for call auction to match, and the opening price is generated at the opening of the market.

Call auction's closing price shall be conducted within 5 minutes before the closing of each trading day of a certain month's contract, in which the first 4 minutes are the reporting time of the buying price and selling price of the futures contract, and the second 1 minute is the call auction's matching time, and the closing price will be generated at the closing time. The trading system automatically controls the start and end of call auction declaration and displays it on the computer terminal.

The call auction rule of futures adopts the principle of maximum trading volume, that is, the maximum trading volume can be obtained at this price. All the buying declarations higher than the price generated by call auction are sold; All sales declarations below the price generated in call auction were sold; For the purchase or sale declaration with the same price as that generated in call auction, the transaction shall be made according to the quantity of the purchase declaration and the quantity of the sale declaration, and according to the quantity declared by the minority party.