Hello, the stock index futures contract is a standardized agreement formulated by the futures exchange and the object of stock index futures trading. Generally speaking, stock index futures contracts mainly include the following elements:

(1) contract object. That is, the basic assets of stock index futures contracts, such as the Shanghai and Shenzhen 300 index futures contracts are the Shanghai and Shenzhen 300 stock price index.

(2) Contract value. The contract value is equal to the product of the index point of the market price of the stock index futures contract and the contract multiplier.

(3) The quotation unit and the lowest price change. The quotation unit of stock index futures contract is the index point, and the minimum change price is the minimum change range of the index point.

(4) Contract month. Refers to the month when the stock index futures contract is due for delivery.

(5) trading time. Refers to the time when stock index futures contracts are traded on the exchange. Investors should note that there may be special provisions on the trading hours of the last trading day.

(6) price restrictions. It means that the fluctuation range of the trading price of a futures contract in a trading day shall not be higher or lower than the prescribed fluctuation range.

(7) Margin for contract transactions. Contract trading margin accounts for a certain proportion of the total contract value.

(8) mode of delivery. Stock index futures are delivered in cash.

(9) The last trading day and the final settlement date. Stock index futures contracts shall be settled in cash on the final settlement date, and the specific arrangements for the final trading day and final settlement date shall be implemented in accordance with the provisions of the exchange.