What does Huobi Contract Quarterly and Weekly mean?
What does Huobi Contract Quarterly and Weekly mean? According to Huobi\’s rules,
What does Huobi Contract Quarterly and Weekly mean? According to Huobi’s rules, delivery is conducted on the first day of each month on the delivery day of each variety from the end of each quarter to the end of each Monday. The quarterly and weekly refer to a series of operations that start one month later, including opening positions in batches, halving or pulling back, in accordance with the order of the settlement months of the quarter.
The term quarterly and weekly refers to the first trading day of the last day of each quarter. Quarterly and weekly means that the first two weeks of each quarter are continuous. Therefore, the quarterly and weekly refers to the “current month” and “next month”, which are the first or second cycles of each quarter.
If there is a price anomaly during the quarterly and weekly period due to market fluctuations, then there will be a price adjustment in that week. Generally speaking, the quarterly and weekly period is relatively long (such as 1 month, 1 year, 10 years of the quarter), and the longest day of the quarterly and weekly period is the day with the highest trading volume, usually experiencing a weekend or a holiday.
So, the meaning of quarterly and weekly can be understood as “current month”.
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