投资百科

什么是股指交割和交割日?

日期:2016-02-22
什么是股指交割和交割日?
 
      股指交割是指买卖股指期货的本质是与他人签订在股指期货交易及交割地点约定的时间内,按约定的价格和数量买卖期指的合约。这个合约都有约定的最后交易日(就是最后履行合约的日子,一般是合约月份的第三个周五),这就是期指的交割日。约定的最后履约时间到了,买卖双方必须平仓(解除合约)或交割(现金结算)。
 
      股指合约到期的时候和其他期货交易是一样的,都需要进行交割。不过股指交割和其他的期货交割方式不同,一般其他的商品期货和国债期货、外汇期货采用的都是实物交割,但是股指交割采用的是现金交割。其中,股指交割包括股指期货交割和股指短期利率期货交割等等。
 
    所谓股指交割,就是根据你目前所持有的合约价格与当前市场实际价格的价差,进行多退少补的交易行为,也就是我们俗称的交易“平仓”。一般采用的方式是现金交割,所谓现金交割,就是用合约到期日或次日的现货指数作为最后结算价,通过与这个最后结算价进行的盈亏结算。
 
例:
产品的交割日期是计算下一个月的
例如2月份的到期日是1.19,意思是12.19到1.19是属于2月份的合约期,而1.20到2.19是属于3月份的合约期

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