Futures continuity is the K-line connection of the contract with the largest trading volume, that is to say, which contract has the largest trading volume, and the K-line on futures continuity is the K-line diagram of this contract.
For example, in March, if the contract volume in July is the largest, the continuous chart shows the K line of the contract in July. The contract turnover was the largest in May and September, and the continuous chart shows the K-line chart in September. And so on.
The continuous chart is not the K-line chart of a certain month, but the K-line chart composed of the main contracts with the largest turnover.
The importance of future continuity:
1, which is conducive to serving the real economy.
It is in line with the requirements of entity enterprises to extend the existing trading hours and broaden the depth and breadth of service entity industries. As a risk management tool in the spot market, the futures market should serve the real economy.
2. The market conditions are relatively complete.
With the development of the times, China's economy has also experienced a qualitative leap and development. In this case, the scale of the futures market has also been steadily expanded, which not only promotes the progress of the futures market, but also promotes the improvement of the laws and regulations of the futures market. With the development and accumulation of time, the legal system of the futures market has been continuously improved, and the pattern of legal supervision and compliance management has basically taken shape. This situation is of great help to promote the development and progress of futures trading.
3. It is conducive to enhancing the authority of domestic prices.
The introduction of the trading time extension mechanism can enrich the trading methods in the domestic market, and through the extension of the trading time of listed products, the domestic and foreign markets will be more closely linked, which is conducive to improving the price continuity of listed products.