Settlement price refers to the price of a certain variety calculated by using the weighted average price according to the price fluctuation after the close of the day. This price is mainly used in the market where there is no debt settlement on that day, and it is used to settle the profit and loss of the transaction on that day according to the settlement price at the closing time of the market.

At present, the daily settlement price of China's commodity futures (Zhengzhou Commodity Exchange, Dalian Commodity Exchange and Shanghai Futures Exchange) is the weighted average price of the trading volume of the day. The settlement price of stock index futures is the weighted average price of the transaction price in the last hour according to the volume.