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How to calculate the futures settlement price in 2020?
The futures settlement price is the trading margin of the open contract after the end of the day's trading and the benchmark price for the profit and loss settlement of the day. Below Jin Toubian Xiao introduces how to calculate the futures settlement price in 2020.

Calculation method of futures settlement price

1, formula for calculating the balance of reserve for futures settlement

The balance of settlement reserve is the settlement reserve of the current day = the deposit of settlement reserve of the previous trading day-the trading deposit of the previous trading day-the profit and loss of the trading deposit of the current day-the handling fee, etc.

2, futures profit and loss calculation formula

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Profit and loss of the day = closing profit and loss.

(1) Futures liquidation profit and loss = average historical warehouse profit and loss and daily warehouse profit and loss.

Historical warehouse profit and loss = α (closing price of sales-closing price of the last trading day) * sales volume (closing price of the last trading day-closing price of buying) * closing amount of buying.

Weekly warehouse profit and loss = attending (closing price of the day-opening price of the day) * closing price of the day.

(2) Position profit and loss = historical position profit and loss and opening profit and loss of the day.

Historical position gain and loss = (today's settlement price-the previous day's settlement price) * position.

Today's futures opening profit and loss = ⑩ (selling opening price-settlement price of the day) * selling opening amount.

Combined with the above formula, we can form a general formula for the profit and loss of futures on the same day:

Today's futures profit and loss = α (sales transaction price-settlement price of the day) * sales volume. Attending (settlement price of the day-purchase transaction price) * purchase amount).

3. Calculation formula of futures trading margin.

Futures trading margin of the day = futures settlement price of the day * total positions after futures trading of the day * futures trading margin ratio.