The transaction fee is divided into two parts, that is, the part charged by the exchange, which will not change; The other part is the part collected by the futures company, which is stipulated by the company itself. Some futures companies adopt a zero commission policy. Commodity futures commission is the part charged by the exchange, and the part charged by the company is 0. The company's profits come from part of the monthly fees returned by the three major exchanges, which is a common practice that really wants to be bigger and stronger and doesn't care about short-term interests.
Extended data
Different varieties charge different fees, different regions and different futures companies charge different fees, and the fees will be different according to the size and trading volume of customers' funds. Customers with a large amount of funds will also reduce their fees appropriately. In addition to the handling fee, the exchange will also charge the investor protection fund at a rate of 0.2%, which is equivalent to the stamp duty on stock transactions.
When there are risks in the futures market, some members have insufficient trading margin or overdraft due to excessive trading losses. The risk handling procedures of the settlement system are as follows: notify members to add margin; Failure to increase the margin will prevent members from opening new positions and force their open positions in open contracts to be closed; If the margin balance is not enough to cover the loss, the settlement reserve will be used; If the reservation is insufficient, the membership fee and seat fee will be transferred; Finally, the risk reserve of the exchange will be used and recourse will be made to the members.
References:
Baidu encyclopedia-futures handling fee