Futures mean lock and lock Locking: Generally refers to […]
Futures mean lock and lock
Locking: Generally refers to investors opening new positions in the opposite direction, equal or similar to the original position, rather than closing the original position. It is also known as lock order, and even its name is double flying butterfly, so that no matter where the price moves (either up or down), it will not increase or decrease the position profit and loss.
For example: if you open 5 RB1910 contracts and then open 3 RB1910 contracts, you will lock 3 RB1910 contracts.
Note: The lock is locked for the same symbol and the same month contract. For example, long positions in the RB1810 contract and short positions in the RB1811 contract have been established. This is not a lock position.