Ixic contract意思

"IXIC" is the stock market symbol for the Nasdaq Composite Index, which is a stock market index that includes over 3,000 stocks of companies listed on the Nasdaq stock exchange. The index is often used as a benchmark to measure the performance of technology stocks and the broader technology sector.

A "contract" in the context of stock market trading typically refers to a futures contract, which is a financial contract obligating the buyer to purchase an asset (or the seller to sell an asset) at a predetermined future date and price. Futures contracts are traded on exchanges, and they are used by investors and traders for various purposes, including speculation, hedging, and portfolio diversification.

So, if someone is referring to an "IXIC contract," they are likely referring to a futures contract based on the Nasdaq Composite Index. These contracts are traded on futures exchanges, and they allow investors to take positions on the future value of the Nasdaq Composite Index. When trading futures contracts, it's important to be aware of the contract specifications, which include the ticker symbol, the contract size, the tick value, the delivery month, and other relevant details.