Group 1: Index Movements - On December 15th, the Shanghai Composite Index dropped by 0.55% to close at 3867.92 points, with a trading volume of 764.605 billion yuan; the Shenzhen Component Index fell by 1.1% to close at 13112.09 points, with a trading volume of 1008.835 billion yuan [1]. - The CSI 1000 Index decreased by 0.84%, with a trading volume of 372.659 billion yuan, opening at 7324.48, closing at 7309.08, reaching a high of 7375.61 and a low of 7305.83 [1]. - The CSI 500 Index declined by 0.78%, with a trading volume of 301.024 billion yuan, opening at 7121.38, closing at 7113.96, reaching a high of 7177.15 and a low of 7110.68 [1]. - The SSE 50 Index dropped by 0.25%, with a trading volume of 111.134 billion yuan, opening at 2979.76, closing at 2987.07, reaching a high of 3015.39 and a low of 2978.13 [1]. Group 2: Impact of Sector Movements on Indexes - The CSI 1000 Index dropped 61.86 points from the previous close, with sectors such as Medicine & Biology, Communication, and Electronics significantly dragging down the index [2]. - The CSI 500 Index fell 55.83 points from the previous close, with National Defense & Military Industry pulling the index up, while Electric Equipment, Machinery, and Electronics dragging it down [2]. - The SSE 50 Index decreased 7.57 points from the previous close, with Non - Banking Finance, Food & Beverage, and Basic Chemicals pulling the index up, while Machinery, Medicine & Biology, and Electronics dragging it down [2]. Group 3: Stock Index Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of - 8.87, IM01 of - 85.92, IM02 of - 246.25, and IM03 of - 490.68 [13]. - For IC contracts, IC00 had an average daily basis of - 2.63, IC01 of - 57.67, IC02 of - 174.09, and IC03 of - 377.5 [13]. - For IF contracts, IF00 had an average daily basis of - 5.33, IF01 of - 22.13, IF02 of - 48.54, and IF03 of - 92.24 [13]. - For IH contracts, IH00 had an average daily basis of - 2.95, IH01 of - 9.76, IH02 of - 10.95, and IH03 of - 26.66 [13]. Group 4: Stock Index Futures Roll - over Point Differences and Annualized Costs - For the IF contract, at 09:45, the point differences for IF00 - 01, IF00 - 02, and IF00 - 03 were - 15.1878, - 37.2969, and - 81.8414 respectively [24]. - For the IH contract, at 09:45, the point differences for IH00 - 01, IH00 - 02, and IH00 - 03 were - 5.45767, - 9.03133, and - 23.7498 respectively [25]. - For the IM contract, at 09:45, the point differences for IM00 - 01, IM00 - 02, and IM00 - 03 were - 75.8461, - 236.345, and - 480.077 respectively [27]. - For the IC contract, at 09:45, the point differences for IC00 - 01, IC00 - 02, and IC00 - 03 were - 55.5207, - 175.242, and - 383.666 respectively [28].

1. Index Trends - On December 09, the Shanghai Composite Index had a change of -0.37%, closing at 3909.52 points with a trading volume of 781.16 billion yuan; the Shenzhen Component Index had a change of -0.39%, closing at 13277.36 points with a trading volume of 1122.793 billion yuan [1]. - The CSI 1000 Index had a change of -0.57% with a trading volume of 392.313 billion yuan, opening at 7400.93, closing at 7380.58, with a daily high of 7439.55 and a low of 7370.3 [1]. - The CSI 500 Index had a change of -0.71% with a trading volume of 305.522 billion yuan, opening at 7150.97, closing at 7121.33, with a daily high of 7185.11 and a low of 7103.83 [1]. - The SSE 300 Index had a change of -0.51% with a trading volume of 452.114 billion yuan, opening at 4611.38, closing at 4598.22, with a daily high of 4628.7 and a low of 4584.25 [1]. - The SSE 50 Index had a change of -0.71% with a trading volume of 110.095 billion yuan, opening at 3012.24, closing at 2997.96, with a daily high of 3015.45 and a low of 2991.65 [1]. 2. Impact of Sector Movements on Indexes - The CSI 1000 dropped 42.47 points from the previous close, with sectors such as basic chemicals, pharmaceuticals, and non - ferrous metals significantly dragging down the index [2]. - The CSI 500 dropped 51.04 points from the previous close, with the electronics sector significantly boosting the index, while non - bank finance, power equipment, and non - ferrous metals sectors significantly dragging it down [2]. - The SSE 300 dropped 23.53 points from the previous close, with communication and electronics sectors significantly boosting the index, while food and beverage, non - bank finance, and non - ferrous metals sectors significantly dragging it down [2]. - The SSE 50 dropped 21.4 points from the previous close, with food and beverage, non - bank finance, and non - ferrous metals sectors significantly dragging it down [2]. 3. Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of -29.36, IM01 of -106.87, IM02 of -266.49, and IM03 of -512.42 [12]. - For IC contracts, IC00 had an average daily basis of -20.13, IC01 of -76.42, IC02 of -194.26, and IC03 of -402.83 [12]. - For IF contracts, IF00 had an average daily basis of -9.71, IF01 of -25.05, IF02 of -48.0, and IF03 of -93.78 [12]. - For IH contracts, IH00 had an average daily basis of -4.06, IH01 of -9.88, IH02 of -13.35, and IH03 of -28.39 [12]. 4. Futures Roll - over Point Differences and Annualized Costs - The report provides 15 - minute average data on roll - over point differences and their annualized costs for IM, IC, IF, and IH contracts [22][24][26].

1. Report's Industry Investment Rating - No relevant information provided in the content 2. Core Viewpoints of the Report - No clear core viewpoints presented in the content 3. Summary by Relevant Catalogs Index Trends - On December 4th, the Shanghai Composite Index had a change of -0.06%, closing at 3875.79 points with a trading volume of 623.713 billion yuan; the Shenzhen Component Index had a change of 0.4%, closing at 13006.72 points with a trading volume of 925.247 billion yuan [1]. - The CSI 1000 Index had a change of 0.01% with a trading volume of 311.316 billion yuan, opening at 7246.86, closing at 7248.66, with a daily high of 7269.9 and a low of 7185.91 [1]. - The CSI 500 Index had a change of 0.24% with a trading volume of 239.913 billion yuan, opening at 7001.64, closing at 7012.81, with a daily high of 7039.72 and a low of 6958.63 [1]. - The SSE 50 Index had a change of 0.38% with a trading volume of 88.622 billion yuan, opening at 2968.56, closing at 2974.34, with a daily high of 2980.24 and a low of 2958.61 [1]. Impact of Sector Movements on Indexes - The CSI 1000 rose 0.39 points from the previous closing price. Sectors such as Electronics, Machinery, and Automobiles significantly pulled the index up, while Media, Basic Chemicals, and Non - Ferrous Metals pulled it down [3]. - The CSI 500 rose 16.45 points from the previous closing price. Sectors like Electronics, National Defense and Military Industry, and Machinery significantly pulled the index up, while Non - Ferrous Metals pulled it down [3]. - The SSE 300 rose 15.52 points from the previous closing price. Sectors including Electronics, Power Equipment, and Communication significantly pulled the index up, while Banking and Food and Beverage pulled it down [3]. - The SSE 50 rose 11.26 points from the previous closing price. Sectors such as Electronics, Non - Ferrous Metals, and Pharmaceutical Biology significantly pulled the index up, while Banking and Food and Beverage pulled it down [3]. Stock Index Futures Basis and Annualized Opening Costs Converted from Basis - IM00 had an average daily basis of -48.93, IM01 of -122.48, IM02 of -274.44, and IM03 of -512.61 [12]. - IC00 had an average daily basis of -40.9, IC01 of -95.77, IC02 of -210.83, and IC03 of -419.05 [12]. - IF00 had an average daily basis of -13.65, IF01 of -30.25, IF02 of -50.75, and IF03 of -99.82 [12]. - IH00 had an average daily basis of -4.94, IH01 of -11.59, IH02 of -13.58, and IH03 of -27.91 [12]. Stock Index Futures Roll - over Point Differences and Their Converted Annualized Costs - For IM, data on roll - over point differences and their converted annualized costs at different 15 - minute intervals are provided, such as at 09:45, IM00 - 01 was -73.02267, IM00 - 02 was -259.4522 etc. [21]. - For IC, similar data is given, e.g., at 09:45, IC00 - 01 was -68.64222, IC00 - 02 was -225.568 etc. [23]. - For IF, at 09:45, IF00 - 01 was -12.31678, IF00 - 02 was -41.14122 etc. [23]. - For IH, at 09:45, IH00 - 01 was 0.707, IH00 - 02 was 1.4593333 etc. [25].

1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoints - The report presents the daily data tracking of stock index futures on December 4, 2025, including the index trends of major stock indices, the impact of sector fluctuations on the indices, the basis and annualized opening costs of stock index futures, and the point differences and annualized costs of futures contract roll - overs [1] 3. Summary by Directory 3.1 Index Trends - On December 3, 2025, the Shanghai Composite Index fell 0.51% to close at 3878.0 points with a trading volume of 647.167 billion yuan; the Shenzhen Component Index fell 0.78% to close at 12955.25 points with a trading volume of 1022.796 billion yuan [1] - The CSI 1000 Index fell 0.89% with a trading volume of 335.034 billion yuan, opening at 7312.67, closing at 7248.27, with a daily high of 7324.21 and a low of 7220.98 [1] - The CSI 500 Index fell 0.62% with a trading volume of 251.309 billion yuan, opening at 7044.86, closing at 6996.36, with a daily high of 7064.16 and a low of 6975.09 [1] - The SSE 50 Index fell 0.52% with a trading volume of 85.495 billion yuan, opening at 2976.11, closing at 2963.08, with a daily high of 2983.61 and a low of 2957.79 [1] - The SSE 300 Index fell 0.51% with a trading volume of 374.486 billion yuan, opening at 4554.59, closing at 4531.05, with a daily high of 4569.82 and a low of 4523.5 [1] 3.2 Impact of Sector Fluctuations on Indices - The CSI 1000 Index dropped 64.91 points from the previous closing price, with sectors such as Media, Electronics, and Computer significantly pulling the index down [2] - The CSI 500 Index dropped 43.94 points from the previous closing price, with sectors such as Machinery significantly pulling the index up, and sectors such as Power Equipment, Computer, and Electronics pulling the index down [2] - The SSE 300 Index dropped 23.28 points from the previous closing price, with sectors such as Non - Ferrous Metals significantly pulling the index up, and sectors such as Non - Banking Finance, Power Equipment, and Banking pulling the index down [2] - The SSE 50 Index dropped 15.39 points from the previous closing price, with sectors such as Non - Ferrous Metals significantly pulling the index up, and sectors such as Food and Beverage, Non - Banking Finance, and Banking pulling the index down [2] 3.3 Basis and Annualized Opening Costs of Stock Index Futures - For IM contracts, IM00 had an average daily basis of - 63.93, IM01 of - 136.48, IM02 of - 289.28, and IM03 of - 526.85 [13] - For IC contracts, IC00 had an average daily basis of - 55.35, IC01 of - 110.49, IC02 of - 225.35, and IC03 of - 432.23 [13] - For IF contracts, IF00 had an average daily basis of - 18.54, IF01 of - 34.56, IF02 of - 55.17, and IF03 of - 103.62 [13] - For IH contracts, IH00 had an average daily basis of - 7.43, IH01 of - 13.16, IH02 of - 14.61, and IH03 of - 28.05 [13] 3.4 Point Differences and Annualized Costs of Futures Contract Roll - overs - The report provides the point differences and annualized costs for different contract combinations (e.g., IM00 - 01, IM00 - 02) and their 15 - minute average values for IM, IC, IF, and IH contracts [22][24][25][27]

Group 1 - The index opened positively on December 1, breaking through the important 3900-point mark with a closing trading volume of 1.89 trillion, an increase of nearly 300 billion compared to last Friday, indicating a volume increase alongside price rise [2] - December is traditionally a period of intensive policy announcements, and this year marks the transition from the 14th Five-Year Plan to the 15th, with an upcoming economic work conference, making the year-end market rally worth anticipating [2] - The market showed a divergence in sector performance, with sectors like non-ferrous metals and commercial aerospace experiencing pullbacks after initial gains, primarily due to the lack of strong performance from large-cap stocks following a rebound in small-cap stocks [2] Group 2 - The index continued to rebound on a 30-minute level, but the strength of the rebound showed signs of weakening, with MACD indicating divergence; if the market does not sustain volume tomorrow, a pullback after a high could occur [4] - The fundamental market conditions remain unchanged, suggesting that any pullback should be viewed as an opportunity rather than a risk [4]

Report Summary 1. Index Trends - On November 27th, the Shanghai Composite Index rose by 0.29% to close at 3875.26 points, with a trading volume of 698.519 billion yuan. The Shenzhen Component Index fell by 0.25% to close at 12875.19 points, with a trading volume of 1011.275 billion yuan [1]. - The CSI 1000 Index rose by 0.12% with a trading volume of 365.626 billion yuan. The CSI 500 Index fell by 0.2% with a trading volume of 253.013 billion yuan. The SSE 50 Index rose by 0.02% with a trading volume of 105.106 billion yuan. The CSI 300 Index fell by 0.05% with a trading volume of 417.79 billion yuan [1]. 2. Impact of Sector Movements on Indexes - For the CSI 1000, sectors such as electronics, power equipment, and communication pulled the index up, while pharmaceutical biology, computer, and media sectors pulled it down [3]. - For the CSI 500, basic chemicals, power equipment, and non - ferrous metals sectors pulled the index up, while media, electronics, and computer sectors pulled it down [3]. - For the CSI 300, banks, basic chemicals, and public utilities sectors pulled the index up, while computer, pharmaceutical biology, and power equipment sectors pulled it down [3]. - For the SSE 50, banks, basic chemicals, and coal sectors pulled the index up, while communication, machinery, and pharmaceutical biology sectors pulled it down [3]. 3. Futures Basis and Annualized Opening Costs - The average daily basis for IM00 was -72.04, IM01 was -143.98, IM02 was -294.56, and IM03 was -530.53. For IC00, it was -47.73; IC01, -103.75; IC02, -213.96; IC03, -420.19. For IF00, it was -16.24; IF01, -31.18; IF02, -48.51; IF03, -95.63. For IH00, it was -4.95; IH01, -9.43; IH02, -10.66; IH03, -19.69 [13]. 4. Futures Roll - over Point Differences and Annualized Costs - Data on the roll - over point differences and their annualized costs for IM, IC, IF, and IH futures at different time intervals (15 - minute means) are provided, including specific point differences and cost calculations [23][25][26].

Index Trends - On November 20th, the Shanghai Composite Index decreased by 0.4%, closing at 3931.05 points with a trading volume of 711.341 billion yuan; the Shenzhen Component Index decreased by 0.76%, closing at 12980.82 points with a trading volume of 996.847 billion yuan [1]. - The CSI 1000 Index decreased by 0.63% with a trading volume of 356.712 billion yuan, opening at 7429.7, closing at 7340.41, with a daily high of 7439.04 and a low of 7332.32 [1]. - The CSI 500 Index decreased by 0.85% with a trading volume of 254.158 billion yuan, opening at 7174.1, closing at 7061.95, with a daily high of 7180.73 and a low of 7056.9 [1]. - The SSE 50 Index decreased by 0.4% with a trading volume of 100.982 billion yuan, opening at 3030.04, closing at 3008.29, with a daily high of 3038.91 and a low of 3004.24 [1]. Impact of Sector Movements on Indexes - The CSI 1000 dropped 46.8 points from the previous close, with sectors such as Computers, Household Appliances, and Power Equipment significantly dragging down the index [2]. - The CSI 500 dropped 60.8 points from the previous close, with sectors such as Basic Chemicals, Power Equipment, and Electronics significantly dragging down the index [2]. - The SSE 50 dropped 12.06 points from the previous close, with the Banking sector pulling the index up, while sectors such as Non - ferrous Metals, Power Equipment, and Electronics dragging it down [2]. Futures Basis and Annualized Opening Costs - For IM contracts, IM00 had an average daily basis of 1.97, IM01 - 86.62, IM02 - 315.74, and IM03 - 544.44 [13]. - For IC contracts, IC00 had an average daily basis of - 2.82, IC01 - 70.24, IC02 - 248.19, and IC03 - 455.12 [13]. - For IF contracts, IF00 had an average daily basis of - 5.63, IF01 - 25.08, IF02 - 57.87, and IF03 - 104.7 [13]. - For IH contracts, IH00 had an average daily basis of - 1.53, IH01 - 7.99, IH02 - 14.79, and IH03 - 24.75 [13]. Futures Roll - over Point Differences and Annualized Costs - The report presents data on the roll - over point differences and their annualized costs for IM, IC, IF, and IH contracts at different time intervals from 09:45 to 15:00 [23][24][25]

Report Summary 1. Report Industry Investment Rating No information provided in the report. 2. Core Viewpoints The report presents the daily data tracking of stock index futures on November 18, 2025, including the index trends, the impact of sector fluctuations on the indices, the basis and annualized opening costs of stock index futures, and the points differences in contract roll - overs and their annualized costs. 3. Summary by Sections Index Trends - On November 18, the Shanghai Composite Index fell 0.81% to close at 3939.81 points, with a trading volume of 790.949 billion yuan; the Shenzhen Component Index dropped 0.92% to 13080.49 points, with a trading volume of 1135.119 billion yuan [1]. - The CSI 1000 Index declined 1.0%, with a trading volume of 418.065 billion yuan; the CSI 500 Index decreased 1.17%, with a trading volume of 306.54 billion yuan; the SSE 50 Index dropped 0.3%, with a trading volume of 106.201 billion yuan; and the SSE 300 Index fell 0.65%, with a trading volume of 420.15 billion yuan [1]. Impact of Sector Fluctuations on Indices - The CSI 1000 Index dropped 74.98 points from the previous close, and sectors such as non - ferrous metals, basic chemicals, and power equipment significantly pulled the index down [3]. - The CSI 500 Index decreased 84.33 points from the previous close, and sectors like basic chemicals, non - ferrous metals, and power equipment had a significant downward pull on the index [3]. - The SSE 300 Index fell 29.86 points from the previous close, with the electronics sector pulling the index up and sectors such as non - ferrous metals and power equipment pulling it down [3]. - The SSE 50 Index dropped 9.05 points from the previous close, with the electronics and food and beverage sectors pulling the index up and sectors like non - bank finance, power equipment, and non - ferrous metals pulling it down [3]. Basis and Annualized Opening Costs of Stock Index Futures - For IM contracts, the average daily basis of IM00 was - 19.03, IM01 was - 118.81, IM02 was - 351.44, and IM03 was - 580.18 [14]. - For IC contracts, the average daily basis of IC00 was - 16.54, IC01 was - 92.61, IC02 was - 272.32, and IC03 was - 476.66 [14]. - For IF contracts, the average daily basis of IF00 was - 4.59, IF01 was - 21.49, IF02 was - 50.75, and IF03 was - 94.98 [14]. - For IH contracts, the average daily basis of IH00 was - 1.11, IH01 was - 6.98, IH02 was - 9.76, and IH03 was - 17.64 [14]. Points Differences in Contract Roll - Overs and Their Annualized Costs - Data on the points differences in contract roll - overs and their annualized costs for IM, IC, IF, and IH contracts are presented in the report, including the 15 - minute average points differences and the corresponding annualized costs at different time points [23][24][25].

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - Not provided in the given content Summary by Relevant Catalogs Index Trends - On November 17th, the Shanghai Composite Index had a change of -0.46%, closing at 3972.03 points with a trading volume of 805.733 billion yuan; the Shenzhen Component Index had a change of -0.11%, closing at 13202.0 points with a trading volume of 1105.058 billion yuan [1] - The CSI 1000 Index had a change of 0.27% with a trading volume of 391.318 billion yuan, opening at 7514.84, closing at 7523.08, with a daily high of 7544.72 and a low of 7487.81 [1] - The CSI 500 Index had a change of -0.0% with a trading volume of 310.823 billion yuan, opening at 7248.92, closing at 7235.35, with a daily high of 7262.33 and a low of 7202.59 [1] - The SSE 50 Index had a change of -0.87% with a trading volume of 111.805 billion yuan, opening at 3033.02, closing at 3012.07, with a daily high of 3037.23 and a low of 3001.2 [1] - The SSE 300 Index had a change of -0.65% with a trading volume of 438.94 billion yuan, opening at 4616.81, closing at 4598.05, with a daily high of 4624.9 and a low of 4580.26 [1] Impact of Sector Movements on Indexes - The CSI 1000 rose 20.32 points compared to the previous closing price. Sectors such as computer, national defense and military industry, and electronics significantly pulled the index up, while household appliances, non - ferrous metals, and pharmaceutical biology significantly pulled it down [3] - The CSI 500 rose -0.11 points compared to the previous closing price. Sectors like electronics, computer, and national defense and military industry significantly pulled the index up, while non - ferrous metals, non - bank finance, and pharmaceutical biology significantly pulled it down [3] - The SSE 300 rose -30.09 points compared to the previous closing price. Sectors such as non - bank finance, banks, and power equipment significantly pulled the index down [3] - The SSE 50 rose -26.36 points compared to the previous closing price. The food and beverage sector significantly pulled the index up, while non - bank finance, banks, and non - ferrous metals significantly pulled it down [3] Stock Index Futures Basis and Annualized Opening Costs Converted from Basis - For IM contracts, IM00 had an average basis of -21.95, IM01 had -118.56, IM02 had -352.6, and IM03 had -581.2 [13] - For IC contracts, IC00 had an average basis of -16.93, IC01 had -90.6, IC02 had -268.85, and IC03 had -470.92 [13] - For IF contracts, IF00 had an average basis of -4.62, IF01 had -20.83, IF02 had -48.63, and IF03 had -89.89 [13] - For IH contracts, IH00 had an average basis of -0.69, IH01 had -5.36, IH02 had -7.48, and IH03 had -13.7 [13] Stock Index Futures Roll - over Point Differences and Their Annualized Costs - For IM contracts, data on roll - over point differences and their converted annualized costs at different time points from 09:45 to 15:00 are provided, such as at 09:45, IM00 - 01 was -73.02267 [24][25] - For IC contracts, data on roll - over point differences and their converted annualized costs at different time points from 09:45 to 15:00 are provided, like at 09:45, IC00 - 01 was -68.64222 [27] - For IF contracts, data on roll - over point differences and their converted annualized costs at different time points from 09:45 to 15:00 are provided, for example, at 09:45, IF00 - 01 was -12.31678 [27] - For IH contracts, data on roll - over point differences and their converted annualized costs at different time points from 09:45 to 15:00 are provided, say at 09:45, IH00 - 01 was 0.707 [29]

1. Index Movements - On November 13th, the Shanghai Composite Index rose 0.73% to close at 4029.5 points with a trading volume of 876.401 billion yuan; the Shenzhen Component Index rose 1.78% to close at 13476.52 points with a trading volume of 1165.561 billion yuan [1]. - The CSI 1000 Index rose 1.39% with a trading volume of 420.596 billion yuan, opening at 7483.66, closing at 7590.58, with a daily high of 7604.89 and a low of 7475.51 [1]. - The CSI 500 Index rose 1.55% with a trading volume of 339.596 billion yuan, opening at 7243.64, closing at 7355.29, with a daily high of 7366.41 and a low of 7243.64 [1]. - The SSE 50 Index rose 0.96% with a trading volume of 132.481 billion yuan, opening at 3044.92, closing at 3073.67, with a daily high of 3075.21 and a low of 3044.92 [1]. - The SSE 300 Index rose 1.21% with a trading volume of 510.061 billion yuan, opening at 4643.79, closing at 4702.07, with a daily high of 4703.49 and a low of 4643.79 [1]. 2. Impact of Sector Movements on Indexes - The CSI 1000 rose 104.2 points from the previous close, with sectors such as power equipment, basic chemicals, and non - ferrous metals significantly pulling the index up [2]. - The CSI 500 rose 112.04 points from the previous close, with power equipment, electronics, and non - ferrous metals significantly pulling the index up [2]. - The SSE 300 rose 56.16 points from the previous close, with power equipment and non - ferrous metals significantly pulling the index up [2]. - The SSE 50 rose 29.37 points from the previous close, with non - ferrous metals, electronics, and pharmaceutical biology significantly pulling the index up [2]. 3. Stock Index Futures Basis and Annualized Opening Costs - IM00 had an average daily basis of - 31.09, IM01 of - 119.2, IM02 of - 348.14, and IM03 of - 575.97 [13]. - IC00 had an average daily basis of - 22.36, IC01 of - 91.63, IC02 of - 270.21, and IC03 of - 468.58 [13]. - IF00 had an average daily basis of - 5.51, IF01 of - 21.1, IF02 of - 52.38, and IF03 of - 96.16 [13]. - IH00 had an average daily basis of 0.93, IH01 of - 1.76, IH02 of - 6.62, and IH03 of - 14.39 [13]. 4. Stock Index Futures Roll - over Point Differences and Annualized Costs - Data on the roll - over point differences and annualized costs of IM, IC, IF, and IH at different time points are provided, including specific values for different contract combinations (e.g., IM00 - 01, IM00 - 02, etc.) [26][27][28][29]