The Hang Seng Index futures contract was launched as early as May 1986 with a contract multiplier of 50 points. For example, on September 20th, the closing price of Hang Seng Index futures in Hong Kong was 17578 points, and the total value of a Hang Seng Index futures contract was 17578 points x 50 = 87.89 Hong Kong dollars. When buying and selling futures contracts, investors only need to pay a deposit of about 20% of the total contract value, that is, HK$ 65,438+HK$ 075,780 in the above example. The lowest low amplitude in the disk is an exponential point.

The month of the Hang Seng Index futures contract is the current month, the next month and the following two quarterly months (March, June, September and1February) * * * four months, and its trading mode is conducted through the electronic trading system of the Exchange. The penultimate trading day of each month is the last trading day and the settlement price calculation date, and the first trading day after the last trading day is the final settlement date. Futures products are settled by the Hong Kong Stock Exchange. The specific trading time is Monday to Friday from 9:45 am to afternoon12: 30; 2:30 pm to 4:00 pm15, and the closing time of the last trading day is 4: 00 pm.