Therefore, for the convenience of research, we take the form of "continuous" contract to observe. The "continuous month" here is not a fixed month, but always changes. For example, today is 12.22, so "continuous in the current month" is IF090 1, because IF08 12 has been delivered on 12+09 (the third Friday of each month). If 65438+20091October16 (the delivery date of if 0901), then "continuous in the current month" becomes IF0902 again.
Question 2: What does it mean that the futures contract price of the current month connects all contracts of the current month?
Question 3: What do you mean by continuous futures varieties? Don't worry, you can trade anything, as long as you remember which one has the largest transaction volume. This is mainly because it is not easy to wash dishes when you do a good deal, and it is easy to wash you with a small contract.
Continuity refers to the price chart of the main contract of this variety from the past to the present.
The delivery time varies according to each futures exchange, such as Shanghai Stock Exchange, Zhengzhou Stock Exchange and Dalian Stock Exchange. Usually a few trading days ago, but before that, the main fund will be moved to the next contract one or two months in advance, and then the main contract will continue to change months.
Question 4: What does quarterly continuity mean in stock index futures? Senior Investment Advisor: It's the contract for the next quarter. For example, it is September. IF0909 is continuous in the current month, IF09 10 is continuous in the next quarter, IF09 12 is continuous in the next quarter, and IF 1003 is continuous in the next quarter.
Question 5: What exactly do two companies mean when one company is connected with another in the futures market? Please don't copy, please explain! Continuity refers to the contract starting from the current delivery month, even one contract in the month of+1, or even two contracts in the next two months, such as 12 10,11,or even two contracts.
Question 6: What do you mean by continuous main contracts in futures? Can I buy or sell it? The continuity of the main force in futures is connected by the K-line of the contract with the largest trading volume among all contracts of this variety, mainly to avoid the price discontinuity caused by the change of the main force in the current month and to facilitate investors to study the long-term price trend.
Because the main contract is the contract with the largest volume, which contract has the largest volume, the K-line on the futures is the K-line chart of this contract.
For example, it's April, and if the XX 1407 contract has the largest transaction volume now, the continuous chart shows the K line of the July contract. May and August have the largest contract turnover, so the continuous chart shows the K-line chart in August. And so on.
So I definitely can't buy or sell.
Question 7: What does the stock market lf mean for consecutive months? In fact, it is for investors to refer to the futures period. There is no significance to check the previous market like the stock market. Every futures contract should be kept for several months. I want to see the trend of the cycle and see the consecutive months. At present, IF 1005 and other contracts expire at the end of may, 1006. It is convenient for investors to check the contract indicators of this month for technical analysis and analysis. Similarly, the reference significance of contract analogy index for delivery every other quarter 1005 105. Now, stock index futures can reflect that mature markets should be based on contracts, and the forecast ratio of monthly index is10/2. The contractor guessed that the so-called main contract was pre-delivery, and it was transferred near the contract period recently. Now it is 300 points in Shanghai and Shenzhen, 3 180. The Shanghai-Shenzhen 1005 point of 3226 indicates that the expected equilibrium point of the Shanghai-Shenzhen 300 Index at the end of May is 3226, indicating that economists compare the current contract targets of the Shanghai-Shenzhen 300 Index and the IF series of stock index futures.
Question 8: Are stock index futures delivered every month? The contract month of the current transaction
1 1 2 3 6
2 2 3 6 9
3 prone 3 4 6 9
4 4 5 6 9
5 5 6 9 12
6 6 7 9 12
7 7 8 9 12
8 8 9 12 3
9 9 10 12 3
10 10 1 1 12 3
1 1 1 1 12 3 6
12 12 1 3 6
If it is 10 month.
Then the contract for the current month is 10 month, the contract for the next month is 1 1 month, and the two seasons and months are1February and March next year.
On the last trading day of June 15, the June 10 contract was delisted, and the current month's contract became June 1 10, the next month's contract was February 12, and the next two quarters became March and June of the following year.
165438+1October 15, the last trading day,165438+1October, the contract was delisted, and the contract in the current month became 65438+February, and the contract in the next month was 65438+/kloc-0.
Question 9: What does 9:FPRC mean? Simple knowledge of FPRC
First of all, what is FPRC?
The FPRC you mentioned is the abbreviation, and the full name is "Management and Risk Monitoring System of Securities Pledged Pawn Financing Business", which is made up of the English name "Financing with Pawn Management &; The abbreviation of risk supervision and control system. FPRC is the first domestic securities financing management system jointly launched by Federal Brokerage Network Project Management Company, Shanghai Mingchuang Software Technology Co., Ltd. and Hangzhou Hexin Software Technology Co., Ltd.. The introduction of FPRC will provide legal, compliant, fast, convenient and cost-controlled securities financing service channels for domestic securities investors.
Second, what kind of services does FPRC provide?
Customers who want to obtain FPRC securities financing services must first become registered members of the Federal Brokerage Network, go through the corresponding account opening procedures in the designated brokerage business department and sign the necessary legal documents. This is the premise for customers to obtain this financing service, and it is also the basis for providing customers with more perfect and thoughtful supporting services.
Member customers can obtain a stock pledge pawn financing credit with a validity period of up to six months. That is, customers obtain financing qualification in pawn shops by way of stock pledge. Financing amount = customer pledge-stock value. As the value of the stock is the instantaneous market value when the customer uses the financing, the specific financing amount is uncertain, and the financing use time is uncertain, which is decided by the customer himself. Customers' funds within their credit line can be recycled, that is, borrowed and used. During the validity period, member customers can apply for financing through FPRC online transaction at any time without signing any documents. After the expiration of the contract, member customers still have financing needs and can sign a new securities pledge pawn contract. Member customers can also cancel the contract in advance and go through the financing and liquidation procedures as required.
Third, how to apply for FPRC service
The process for customers to apply for membership is as follows:
(1) The customer fills in the FPRC membership application form and attaches the delivery slip for the first three months.
(2) The customer submits the above information to the registered broker (account manager) of the Federal Brokerage Network, and the account manager sends it to the pawnshop for approval.
(3) The pawnshop shall put forward the examination and approval opinions on the customer's application within two days, and the business administrator of the pawnshop shall notify the account manager to handle the customer signing procedures.
(4) After receiving the notice, the customer must first open an account or transfer money to the designated business department, and then sign a securities pledge pawn contract with the pawnshop.
(5) The customer signs an application for account restriction in duplicate and submits it to the account opening business department. After the counter of the business department receives and handles the account restriction procedures, it will return a copy to the customer. The customer signs the customer's power of attorney in duplicate, together with the contract, the application for account restriction stamped with the business acceptance seal of the business department, and a copy of personal ID card, and submits it to the pawnshop for signature and seal, and issues a pawn ticket for the customer to sign and keep.
(6) The information returned by the pawnshop includes: the customer contact number of the contract, the customer's first credit rating, the customer's maximum financing application amount, the FPRC software download address, software download instructions, etc. If a member customer needs a lawyer to notarize or witness the contract, the customer can handle it by himself or entrust a pawn shop business representative to handle it uniformly, but an extra working day is needed, and the notarization or witness fee is paid by the customer.
Fourthly, how to use FPRC pawn financing system?
Member customers download and install FPRC client software from ubro, a federal brokerage network, and can inquire on the website or directly consult their account managers.
Member customers can conduct online transactions through the "FPRC client" software, and can apply for financing after using 95% of the funds in the principal account. When member customers click "Financing Application", they can immediately get the approval of financing amount, and customers can use financing to conduct transactions in financing accounts.
The trading operation of principal account and financing account of member customers is the same as that of existing online trading software. Member customers can buy and sell stocks in the entrusted account through online trading, counter self-service, telephone entrustment or manual declaration provided by the business department, but the application for financing funds and the trading of stocks in the financing account can only be carried out through the FPRC client ..... >>