The trading time in the morning starts from 9: 0015, and then, unlike the call auction and staggered continuous bidding time principle of stocks, treasury bonds futures have been trading according to the continuous bidding principle until noon 1 1:30. That is, the early trading time is 9:15-11:30. Second, the afternoon trading time. The afternoon trading starts at 13:00, which is different from the stock trading time. After the market opened in the afternoon, the trading of treasury bond futures contracts lasted until 15: 15, which was 15 minutes longer than that of stock trading. That is, the afternoon trading time is13: 00-15:15. Third, the last trading day. The last trading day of treasury bonds futures is only 9:15-11:30 in the morning, and no trading will be conducted in the afternoon.