What are contract terms

A futures contract contains the following key information:

(1) Underlying Asset: refers to the underlying asset of the futures contract

(2) Contract Multiplier: refers to the value of each point of price movement

(3) Contract Months: refer to the months in which settlement will be made for the contract 

(4) Last Trading Day: refers to the last day the contract trades in the expiry month

(5) First Notice Day (US style): refers to the day on which physical delivery can be taken for a physical delivery contract (and before which positions opened with Futu must be closed)

(6) The terms of each futures contract can be found on the official website of:

● Hong Kong Stock Exchange: click here (Please switch to English or Traditional Chinese)

● CME Group: click here