The margin ratio of Shanghai Nickel Futures Exchange is 8%, equivalent to 12 times leverage, and the exchange margin is about 8,000 yuan/lot. The latest first-hand opening/closing fee of Shanghai Nickel Futures in 2020 is 6 yuan, and the non-main contract is 1 yuan/hand (the standard of the previous issue).

Shanghai Nickel Futures is a variety listed on Shanghai Futures Exchange, with code Ni, trading unit 1 ton/lot, and minimum price change 10 yuan/ton, so the contract price fluctuates per minimum unit, and the corresponding profit and loss is 10 yuan/lot.