Current location - Trademark Inquiry Complete Network - Futures platform - What is the significance of the opening price of futures?
What is the significance of the opening price of futures?
State Street Investment Analysis:

The opening price is generated by call auction;

Call auction's method means that within 5 minutes before the opening of each trading day, the first 4 minutes are the time to declare the buying price and selling price orders of futures contracts, and the last 1 minute is the time for call auction to match, and the resulting opening price is immediately displayed in the quotation column.