1, futures are T+0 trading, and the market in the morning is fierce, and investors' trading may be intensive, so 15 minutes is set for two and a half hours. (At the same time, the 15 minute break is also a time for drinking tea, going to the toilet or eating snacks. )
2.9: 00 to 1 1: 30, the middle time is 10: 15, and the rest time of each bar is set to10:15 ~10: 30.
3. Futures is margin trading, and the risk is relatively greater. If the market is fierce in early trading, a break of 15 minutes will help investors calm down and operate rationally.
4. It was originally a four-paragraph citation mechanism studied at home and abroad. Later, the Shanghai Stock Exchange canceled the lunch break, and now it is strictly a three-stage quotation.
5. The purpose of suspending trading 15 minutes is to stagger the trading time of securities, reduce the influence of the securities market on commodity futures, and maintain the relative opposition of commodity futures prices (this is also the reason why the stock index futures are not closed in the day, because the stock index and the current index are linked, and if closed, the stock index will fluctuate more).
Futures and spot are completely different. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts with some bulk products such as cotton, soybeans and oil and financial assets such as stocks and bonds as the targets. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.