股指期货怎么交割的

发布者:中信建投期货杭州分公司 发布时间: 2019-08-29 12:03

股指期货的交割方法主要有现金交割,股指期货交割日是交割月份的第三个周五。股指期货开户需要50万以上,并且有10笔以上商品期货交易记录,通过股指期货基础测试,需要到期货营业部临柜办理。

The main delivery methods of stock index futures are cash delivery. The delivery date of stock index futures is the third Friday of the delivery month. Stock index futures account opening needs more than 500,000, and there are more than 10 commodity futures transaction records. Through the basic test of stock index futures, it needs to be handled by the futures business department.

股指期货操作建议:3月14日,A股继续回调,中小创回调幅度较大,上证50逆势飘红。农林牧渔、互联网板块领跌,酿酒、保险板块领涨,猪肉概念跳空大跌。截至收盘,上证指数跌1.2%,失守3000点,报收2990.69,深成指跌1.82%,报收9417.93,创业板跌2.58%,报收1650.19,两市成交8125亿元。宏观面,今日统计局发布数据显示,1-2月份规模以上工业增加值增长5.3%,增速创17年1月以来的新低;1-2月固定资产投资(不含农户)增长6.1%,增速相比前值反弹;1-2月份社会消费品零售总额增长8.2%,与前值齐平;数据整体偏空。资金面,北上资金今流入23亿元;两融余额续增,据wind数据,昨日大幅净卖出1188亿元。50ETF期权认沽/认购比率1值附近徘徊。价差和比价方面,基差升贴水幅度不大,IC基差、近远月价差保持贴水;比价显示,反弹以来IC/IF/IH强弱格局今日有所扭转,今日再度强势拉升。综合来看,3月已发布宏观数据表现不佳,宏观基本面压力较大,北上资金相比反弹初期热情有所降温,出现连续流出情况,盘面观察指数强势上涨过后进入修复平静期。综合宏观预期以及资金、盘面,认为指数调整整理,建议按震荡思路对待;套利建议多IH空IF,多IF空IC持有。

Operational Suggestions for Stock Index Futures: On March 14, A shares continued to pull back, small and medium-sized ventures pulled back a larger margin, Shanghai 50 reversed the trend red. Agriculture, forestry, animal husbandry and fisheries, the Internet sector led the decline, wine-making, insurance sector led the rise, and the concept of pork jumped sharply. By the end of the day, the Shanghai Stock Exchange Index had dropped 1.2%, lost 3,000 points, closed at 299.69. Shenzhen Index had fallen 1.82%, closed at 9417.93, GEM had fallen 2.58%, closed at 165.19, and the two markets had traded 812.5 billion yuan. Macroscopically, data released by the Bureau of Statistics today show that industrial added value increased by 5.3% in January-February, the growth rate reached a new low since January 17; fixed assets investment (excluding farmers) increased by 6.1% in January-February, the growth rate rebounded compared with the pre-value; total retail sales of social consumer goods increased by 8.2% in January-February, which is on the same level with the pre-value; Empty. On the capital side, northbound funds are now inflowing 2.3 billion yuan, and the balance of the two financials has continued to increase, with a net sale of 118.8 billion yuan yesterday, according to wind data. The call/subscription ratio of 50ETF options hovers around 1 value. In terms of price difference and price ratio, the increase of base difference is not significant, while IC base difference and near-far monthly price difference remain discounted. The price ratio shows that the strength pattern of IC/IF/IH has changed somewhat since the rebound, and today it is rising again strongly. Generally speaking, the macro-data released in March has not performed well, and the macro-fundamentals are under great pressure. Compared with the initial stage of the rebound, the enthusiasm of funds from the North has cooled down, and there has been a continuous outflow. After the strong rise of the cross-sectional observation index, it has entered a period of restoring calm. Based on macro-expectations, capital and stock market, it is suggested that the index should be adjusted and sorted out, and that it should be treated according to the idea of shocks; arbitrage should be more IH empty IF and more IF empty IC holdings.