The average position price and the average opening price usually appear in the futures trading interface.
Average position price: the settlement price of the day before the investor holds the contract, including the handling fee. When the contract held by investors is overnight, the position price will become the settlement price of the previous day, so the average position price will change every trading day.
Average opening price: whether futures are short or long, the average opening price refers to the average price of long or short positions. For example, the system will calculate an average price when opening positions in batches. The average opening price is divided into: the average buying price and the average selling price.
Average price of buying and opening positions: refers to the opening price of multiple positions adjusted by multiple holders; Average selling opening price: refers to the adjusted position price of empty bill holders.
Specific differences between average opening price and average holding price:
1, different quotations
Divided into average buying and selling price; The average price of buying and opening positions refers to the opening price of multiple single holders after adjusting multiple positions in their accounts, and the average price of selling and opening positions refers to the position price of empty single holders after adjusting their positions in their accounts. If the selling price is lower than the original average opening price, or the buying price is higher than the original average opening price, the average opening price will rise, and vice versa.
The average position price is also divided into the average buying position price and the average selling position price. When investors hold long positions, the settlement price of this variety will be displayed in the column of average price of buying positions, and when investors hold short positions, the settlement price of this variety will be displayed in the column of average price of selling positions.
2. Different deadlines
The average price of buying positions is divided into profit and loss according to the futures settlement price of the day; The average price of buying and opening positions is the weighted average price of all orders held by users according to the number of positions opened, and this price will not change; The opening price is the point at which users buy and sell. After holding positions overnight, after settlement, the position price of the next day is the settlement price of the previous day.
3. Different influences
In a trading account, the average opening price is the average price for opening or retaining contract positions in the trading account; The average position price means that the average position price on the opening day of the contract is the same as the average position price, and the average position price every day thereafter is the average position price of the account calculated according to yesterday's settlement price.