1. The concept of futures speculation: things that are traded in the form of contracts, and the trading objects are mainly buying and selling contracts.

2. Futures are divided into commodity futures and stock futures, but there is no stock futures in China at present.

3. Futures trading hours: Trading is not allowed on working days, weekends and legal holidays. The specific futures trading time depends on the timetable of the futures exchange.

4. Principle of closing the position of the price limit board: When closing the position of the price limit board, the principle of closing the position and giving priority to time shall be implemented.

5. Limit of monthly delivery price: the monthly delivery price of all varieties of Dashang Institute is limited to 6% (there is no special provision in Shanghai Stock Exchange and Zhengshang Institute); The price limit range is a multiple of the price limit range stipulated in the contract.

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