If Shanghai Copper sells 2 lots at 42,000 yuan/ton, 3 lots at 420 1 0 yuan/ton and 2 lots at 42,030 yuan/ton within1minute, then the turnover in this minute is = 42,000 * 2 * 5+420 10 * 3. And the moving average you said refers to the average transaction amount in a certain period of time. Look at the daily K-line, where 6 represents the average turnover of 6 days, 12 represents the average turnover of 12 days, and 24 represents the average turnover of 24 days. Look at the daily K line of 1 hour, where 6 represents the average turnover of 6 hours and 12 represents the average turnover of 12 hours. This data is generally in the news of trading software, and it is released about half an hour after the close every day.
Futures trading is an advanced trading method based on spot trading and forward contract trading.
In order to transfer the risk of market price fluctuation, it refers to the form of buying and selling futures contracts in an open competition on commodity exchanges through brokers.
Futures, usually futures contracts, are contracts. A standardized contract made by a futures exchange to deliver a certain amount of subject matter at a specific time and place in the future. This subject matter, also known as the underlying asset, can be a commodity, such as copper or crude oil, a financial instrument, such as foreign exchange and bonds, or a financial indicator, such as three-month interbank offered rate or stock index. Futures trading is an inevitable product of the development of market economy to a certain stage.
Futures trading is the activity or behavior of buying and selling futures contracts. Pay attention to the difference. Futures delivery is another concept. Futures delivery is the exchange activity or behavior of the subject matter (basic assets) stipulated in the futures contract on the maturity date.
Futures trading is a process of buying and selling activities. The unique functions of futures trading, such as hedging, preventing excessive market fluctuations, saving commodity circulation costs and promoting fair competition, are of great significance to the development of China's increasingly active commodity circulation system. China's futures trading has made great progress. However, due to the lack of corresponding legislation, futures trading is in a state of no legal basis, and excessive speculation prevails. It is extremely necessary to strengthen the special legislation of futures trading.
Futures trading is developed by commodity producers from forward contract trading in spot trading in order to avoid risks. In the forward contract transaction, traders gather in the commodity exchange to exchange market information, look for trading partners, sign the forward contract through auction or negotiation between the two parties, and when the contract expires, both parties end their obligations by physical delivery. In frequent forward contract transactions, traders find that there is a price difference or interest difference in the contract itself due to the fluctuation of price, interest rate or exchange rate, so they can make profits by buying and selling contracts without waiting for physical delivery. In order to adapt to the development of this business, futures trading came into being.