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Bank of Shanghai 12 times leverage?
12% (equivalent to 8 times leverage).

Shanghai Bank Futures is an ordinary commodity futures, which can be traded after opening an account. The handling fee is around 4 yuan.

Margin ratio: 12% (equivalent to 8 times leverage); Calculation formula: price 5000* contract unit 15* 12%=9000 yuan/lot. The handling fee is charged according to the proportional value: 0.5% for opening and closing positions; Calculation formula: price 5000* contract unit15 * 0.5% = 3.75 yuan.