Details of soybean meal futures contract are as follows: code M, primary 10 ton, minimum fluctuation price 1 yuan/ton, soybean meal fluctuation 10 yuan, and margin 10%. According to the current price of 4,000 yuan/ton, the first-hand transaction needs about 4,000 yuan as a deposit. The calculation format of deposit is: current market price * contract unit * deposit ratio.
The soybean meal futures account is very simple. You can open an account on your mobile phone. The specific operation process is as follows (at least 18 years old, prepare your ID card, bank card and handwritten signature photo):
1. Download the futures company app, and click Open an account after registration (it is recommended to choose a high-level and high-ranking futures company).
4. Fill in the information and risk test (just follow the instructions and pay more attention to the risk test).
3. Video authentication, answer a few questions (sufficient light, good network)
4. Bank sign (online banking, U shield and local business department can be opened)
5. You can trade on the evening of the trading day after the contract is signed and deposits received.