Friends who want to buy futures must know how much the futures commission is? How to calculate? Because these are the two most basic questions. Of course, even if you are a layman who doesn’t even know what futures are, it doesn’t matter. To explain futures, it is actually very simple. That is to compare it with spot transactions. Spot transactions are actually cash transactions, while futures transactions are the mutual transfer of contracts. Nowadays, many large-scale trading institutions will not only do one of them. Instead, they will conduct hedging and price speculation through both spot and futures transactions according to market changes.
How much is the futures commission and how is it calculated?
For ordinary investors, they do not have the strong strength of large-scale trading institutions, so most of them will only choose a purely speculative method, that is, pure futures trading. Therefore, if you also want to do price speculation, you must understand the current futures market and how much is the futures commission? How to calculate? In fact, the amount of handling fee charged by different futures companies is different, mainly determined by the strength of the futures company. The fee amount is inversely proportional to the company’s strength, that is, if the futures company is strong, the fee is relatively low, and vice versa. Of course, changes in the client’s capital volume, transaction volume, and the overall number of clients of the futures company will also affect the amount of handling fees. In addition, do not think that you only need to pay a handling fee to buy futures. The exchange will also charge you a certain amount of security, which is equivalent to paying taxes. In other words, you can’t just know how much the futures commission is? How to calculate? There are many other knowledge you need to understand.
How much is the futures commission?
Futures trading fee refers to the fee that a futures trader pays according to a certain percentage of the total value of the contract after trading futures. In addition to the fee for futures trading, the exchange also charges an investor protection fund at a rate of 10,000 Two points out of it.
Different futures products adopt different charging methods. At present, the exchange’s handling fee has two charging methods, one of which is the fee on hand, that is, how much handling fee is charged for one lot of futures. The corresponding calculation formula is: N lot of certain futures contract handling fee= Fixed handling fee × N lots. For example, for aluminum on the Shanghai Futures Exchange, a handling fee of 3 yuan is charged for one lot. If an investor buys 10 lots, the handling fee = 10 × 3 = 30 yuan.
The other is based on the proportion of the transaction amount, which is generally a few ten thousandths. The corresponding calculation formula is: N lots of a futures contract commission = opening/closing transaction price × trading unit × handling fee rate × N lots, for example , The handling fee of rebar is one ten thousandth of the transaction amount, and the price of rebar is 8,000 yuan, then the handling fee for investors to buy one hand rebar = 8000×1×10×1/10000=8 yuan.
In addition, the actual profit and loss calculation formula for investors is as follows:
The calculation method for the actual profit and loss of long positions is:
Profit/Loss = (closing price-buying price) X open interest X contract unit-handling fee The calculation method of short profit and loss is:
Profit/Loss = (selling price-closing price) X open interest X contract unit-handling fee
Choice of calculation method for futures commission
At present, when trading futures, exchanges generally choose uprisings through two calculation methods to calculate the corresponding handling fee amount. The first is to calculate by the number of hands, that is, the number of hands will be doubled after a few hands. The calculation formula is: N lots of a certain futures contract commission = fixed commission × N lots. For example, if the peanut contract is 7 yuan per lot, then the handling fee for one lot of peanuts is 7 yuan.
The second type is to charge a handling fee in proportion to the transaction amount. Generally speaking, it is a ten-thousandth of the transaction amount. The calculation formula is: N lots of a certain futures contract commission = opening/closing transaction price × trading unit (contract multiplier) × handling fee rate × N lots. For example, the handling fee of a commodity is one ten thousandth of the transaction amount. If the price of the commodity is 6000 yuan, then the first-hand handling fee of the commodity = 6000110* one ten thousandth = 6 yuan .
Generally speaking, there will be some fixed explanations and formulas used to answer the futures fee? How to calculate? These questions, therefore, as long as you understand and master these explanations and formulas, then everything will become very clear.