How is the futures settlement price generated?
In general:
commodity futures contract settlement price is the closing price the day according to the volume weighted average price;
stock index futures contract settlement price is the last hour of the day the transaction price in accordance with the weighted average trading volume
price;
the date of contract no For the transaction, the settlement price is determined according to the relevant rules of the exchange; the
settlement price is the basis for the settlement of the profit and loss of the open contract of the day and the determination of the daily limit
