Cash arbitrage on stock index delivery date: Stock index cash arbitrage is a hedging transaction that uses the characteristics of stock index futures contracts converging to spot index prices when they expire. When there is a price difference between the futures market and the spot market, use the price difference between the two markets to buy the undervalued party and sell the overvalued party, and close the position after the unreasonable price difference returns to a normal and reasonable state to earn the profit of the price difference. 4. On the delivery date of stock index futures, of course, there are other arbitrage transactions: intertemporal arbitrage of stock index futures (arbitrage between near and forward contracts), cross-species arbitrage (such as arbitrage between IH and IC, IH and A50, H-share index and A50), and arbitrage between stock index futures and options. Futures arbitrage on the delivery date of stock index;

Stock index arbitrage is a hedging transaction, which uses the convergence of stock index futures contract and spot index price when it expires. When there is a price difference between the futures market and the spot market, use the price difference between the two markets to buy the undervalued party and sell the overvalued party, and close the position after the unreasonable price difference returns to a normal and reasonable state to earn the profit of the price difference.

4. On the delivery date of stock index futures, of course, there are other arbitrage transactions: intertemporal arbitrage of stock index futures (arbitrage between near and forward contracts), cross-species arbitrage (such as arbitrage between IH and IC, IH and A50, H-share index and A50), and arbitrage between stock index futures and options.