The margin ratio of the exchange is 10%, and the trading unit is 10 ton. At present, the contract price is 14970 yuan/ton, and the first-hand deposit = 14970 yuan multiplied by 10 ton and then multiplied by 10%= 14970 yuan.
The ratio of handling fee and margin can be inquired in official website of Shanghai Futures Exchange, as shown in the following figure:
Source: official website, Shanghai Futures Exchange.
What are the majors of a national open university?
The Open University of China has many majors.
Liberal arts include Chinese, law, secr