14“单边市”,是指涨(跌)停板单边无连续报价,即某一期货合约在某一交易日收盘前5分钟内出现只有停板价位的买入(卖出)申报、没有停板价位的卖出(买入)申报,或者一有卖出(买入)申报就成交、但未打开停板价位,且最新价与涨(跌)停板价格一致的情况。“Limit-locked Market”Within the five (5) minutes prior to the close of a trading day, only bid (ask) orders at the up (down) limit price exist in the book, or all the ask (bid) orders are instantly filled at the limit price.
15“最小变动价位”,是指该合约的单位价格涨跌变动的最小值。“minimum price fluctuation”The minimum movement of the trading price of the contract.
16“期货合约交割月份”,是指该期货合约标明进行交割的月份。“delivery month”The month in which the delivery is conducted for the contract.
17“最后交易日”,是指某一合约进行交易的最后一个交易日。“last trading day”The last trading day on which a contract is traded.
18“交易单位”,是指每手合约的标的物数量,交易必须以“一手”的整数倍进行,不同交易品种的交易单位在该品种的合约中载明。“contract size”The quantity of the underlying asset of each lot of the contract. Trading must be conducted in the quantity of the integral multiple of “one lot”。 The contract size of different products shall be specified in the contract of the product.
19“交割品质”,是指合约中载明的标的物的质量要求。“grades and quality specifications”The quality requirements for the underlying asset set forth in the contract.
20“限价指令”,是指执行时必须按限定价格或更好价格成交的指令。“limit order” An order that must be executed at a specified or better price.
21“期货合约的交易价格”,是指该期货合约的交割标准品在指定交割仓库交货的价格,能源中心另有规定的除外。“the trading price of a futures contract” The delivery price of the delivery standard commodities of the futures contract in the Designated Delivery Warehouses, unless otherwise prescribed by the Exchange.
22“开盘价”,是指某一合约开市前五分钟内经集合竞价产生的成交价格。集合竞价未产生成交价格的,以集合竞价后第一笔成交价为开盘价。“open price”The trading price of a contract generated through central auction within the five minutes before the market opening. If a trading price is not generated from the auction, the first trading price after the auction shall be the open price.
23“收盘价”,是指某一合约当日交易的最后一笔成交价格。“close price”The last trading price of the day for a certain contract.
24“当日结算价”,是指某一合约当日规定时段内成交价格按照一定原则确定的加权平均价。当日无成交价格的,当日结算价的确定方式另行规定。“daily settlement price”The weighted average price of those trades happened within the specified period of a trading day of a certain contract in accordance with specified principles. If there is no trading in a trading day, the daily settlement price shall be determined by the Exchange as prescribed in related provisions.
25“保证金”,是指期货交易者按照规定交纳的资金或者提交的价值稳定、流动性强的标准仓单、国债等有价证券用于结算和保证履约。“margin” Cash or standard warrants, treasury bonds or other securities with stable value and high liquidity provided by futures trading participants in accordance with the Exchange‘s rules to be used in clearing and settlement and to guarantee performance of the trades.
26“交易保证金”,是指会员在能源中心专用结算账户中确保合约履行的资金,是已被合约占用的保证金。“trading margin”The fund deposited by a Member in dedicated settlement account with the Exchange to ensure the fulfillment of the contract and already used as margin for the position hold by the Member.
27“结算准备金”,是指会员为了交易结算在能源中心专用结算账户中预先准备的资金,是未被合约占用的保证金。“clearing reserve”The fund deposited by the Members and reserved in the dedicated settlement account with the Exchange for the purpose of settlement. Such reserve fund is a type of guarantee fund that is not yet used as margin for the position held by the Member.
28“风险准备金”,是指由能源中心设立,用于为维护期货市场正常运转提供财务担保和弥补因能源中心不可预见风险带来的亏损的资金。“risk reserve”A fund set up by the Exchange to ensure the operation of futures market and to make up the losses caused by unforeseeable risks by the Exchange.
29“实物交割”,是指根据能源中心的规则和程序,交易双方通过该合约所载商品所有权的转移,了结未平仓合约的过程。“physical delivery”A type of settlement for expired futures contracts by the paired buying and selling parties through the transfer of the ownership of the underlying asset of the contract in accordance with the rules and procedures of the Exchange.
30“交割结算价”,是指期货合约交割结算的基准价。“final settlement price” The benchmark price for the delivery of a futures contract.
31“标准仓单”,是指定交割仓库按照能源中心规定程序签发的、在能源中心标准仓单管理系统生成的标准化提货凭证。“standard warrant” The standardized certificate for withdrawal that is issued by Designated Delivery Warehouses in accordance with the procedures prescribed by the Exchange and generated by the Exchange in the standard warrants management system.
32“指定交割仓库”,是经能源中心指定的为合约履行实物交割的交割地点。“Designated Delivery Warehouses”A delivery venue designated by the Exchange to perform the physical delivery of the contract.