Short selling: putting down prices and selling futures contracts are called short selling.
Futures discount and futures premium: in a specific place and within a specific time, the futures price of a specific commodity is higher than the spot price, which is called futures premium; The futures price is lower than the spot price, which is called futures discount.
Forward market: Under normal circumstances, the futures price is higher than the spot price.
Reverse market: under special circumstances, the futures price is lower than the spot price.
Position: A contract held by a trader is called a position.
Position reduction: in a transaction, the position held is opposite to the price trend, and the liquidation measures are taken to prevent excessive losses.
Bull market: a market with rising prices.
Bear market: a market with falling prices.
Option: refers to the right to buy or sell a specific commodity or contract at a specified price for a limited time.
Open position: refers to the behavior of futures traders buying or selling futures contracts.
Liquidation: refers to the behavior of futures traders to buy or sell futures contracts with the same variety, quantity and delivery month but with opposite trading directions, and to liquidate futures transactions.
Open position: refers to the number of open positions held by futures traders.
Position limit: refers to the maximum position held by a futures exchange for futures traders.
Matchmaking: refers to the process that the computer trading system of the futures exchange matches the trading orders of both parties.
Minimum fluctuation price: refers to the minimum fluctuation range of the unit price of futures contracts.
Maximum fluctuation range limit of daily price: refers to that the trading price of futures contracts in a trading day shall not be higher or lower than the specified fluctuation range, and the quotation exceeding this fluctuation range will be considered invalid and cannot be traded. Delivery month of futures contract: refers to the month when physical delivery is stipulated in the futures contract.
Last trading day: refers to the last trading day when a futures contract is traded in the contract delivery month.
The transaction price of a futures contract refers to the value-added tax-included price of the delivery standard of the futures contract delivered in the benchmark delivery warehouse.
Opening price: refers to the transaction price generated by call auction within five minutes before the opening of a futures contract. If there is no transaction price in call auction, the opening price is the first transaction price after call auction.
Closing price: refers to the final transaction price of the futures contract on that day. Want to know more, you can add me qq:350382443.