Options and futures are traded on exchanges. Futures exchanges have fixed working hours and cannot be traded 24 hours a day. Generally, domestic futures exchanges have day trading and night trading, and different exchanges have different trading hours. The regulations are different, the types of futures traded are different, and the trading hours are also different. The following introduces the trading time regulations and restrictions of options and futures varieties!
The options trading time is actually similar to the futures trading time, but different exchanges are different. I know this better. I will tell you in detail: This article comes from: Options Sauce
1. Shanghai Futures Exchange:
Daily trading hours: 9:00-10:15, 10:30-11:30, 13:30-15:00. (Copper options, rubber options, gold options)
Night trading hours:
21:00-23:00 (Rubber Options)
21:00-01:00 the next day (copper options)
21:00-2:30 the next day (gold options)
2. Dalian Commodity Futures Exchange:
Daily trading hours: 9:00-10:15, 10:30-11:30, 13:30-15:00.
Night trading hours: 21:00-23:00 (corn, soybean meal, iron ore options)
3. Zhengzhou Commodity Futures Exchange:
Daily trading hours: 9:00-10:15, 10:30-11:30, 13:30-15:00.
Night trading hours: 21:00-23:00 (cotton, sugar, PTA, methanol options)
4. China Financial Futures Exchange:
Daily trading hours: 9:30-11:30, 13:00-15:00 (CSI 300 stock index options)
In addition, options are a type of financial derivatives that give the holder the right to buy or sell the underlying asset at a pre-agreed price (exercise price) within a certain time in the future.
5. The trading rules of futures are as follows:
1. Futures are a long and short two-way transaction, and it is also a T 0 transaction. Futures trading has limits on the rise and fall. Different futures varieties have different limits on the rise and fall.
2. Futures trading is divided into three time periods, namely morning trading, afternoon trading and night trading. Every Monday to Friday (excluding holidays), morning session is from 9:00 to 11:30 (closed at 10:15-10:30), afternoon session is from 13:30 to 15:00, and evening session is from 21:00 to early morning of the next day 2:30.
3. The margin trading system adopted by futures. Futures trading is a leverage transaction. A simple understanding is that through the leverage of futures companies, traders can use relatively small funds to buy contracts with a larger proportion of funds.
4. Futures trading varieties. Currently, there are 71 varieties that can be traded in the domestic futures market, including 25 commodity options and 5 financial options.
Each futures variety has its own contract information, which we can query through the futures exchange. Like gold on the Shanghai Futures Exchange, you can check gold futures contract information on the Shanghai Futures Exchange.
6. The following are the basic trading rules for options:
1. Underlying assets: The underlying assets of options can be financial instruments such as stocks, indices, commodities, currencies, etc.
2. Exercise type: Options are divided into two types: purchase options and selling options. The holder of a purchase option has the right to buy the underlying asset at an agreed price on the exercise date, and the holder of a sell option has the right to buy the underlying asset at an agreed price on the exercise date. Obligation to sell underlying assets.
3. Exercise price: The option contract determines the exercise price of the underlying asset, that is, the price at which the holder can buy or sell the underlying asset.
4. Expiration date: The option contract has an expiration date. Before expiration, the holder can choose to execute the option. After expiration, the option contract will automatically become invalid.
5. Option fees: Purchasing options requires paying a certain option fee. The level of the option fee depends on the holder's prediction of future market trends, as well as the exercise price, expiration date and other factors.