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Is the settlement date of stock index futures once a month? What time?
Many investors will consider cash delivery when trading stock index futures. When it comes to delivery, we need to know the last trading day. So when is the last trading day of stock index futures?

The last trading day of stock index futures is the third Friday of the contract delivery month (postponed in case of legal holidays), that is, once a month.

Specific trading rules can be found in official website, China Financial Futures Exchange.

For example:

An investor holds a contract of 1804, so the third Friday in April of 20 18 is its last trading day. If it happens to be a legal holiday, it will be postponed to the next trading day. Note: the extension here is not extended to next Friday, but the next trading day.

The above is the interpretation of the last trading day of stock index futures!