Silver can be called Shanghai Bank. Investors trading Shanghai bank futures will only generate handling fees and deposits. Here is a brief explanation of the calculation formula of the handling fee and margin of Shanghai Bank Futures. Take a look:
The handling fee of Shanghai bank futures is calculated according to the proportional value, and the contract price * trading unit * handling fee ratio.
According to the rules of the futures exchange, the opening fee is charged at 1, and the fee that investors need to pay for opening the first-hand silver futures is: 439 1 * 1 = 3.3 yuan, and the silver futures fee is charged bilaterally, and the closing fee is also required, so the fee for investors to trade the first-hand silver futures on the same day is 3.
The calculation method of Shanghai Bank's futures margin is as follows: contract price * trading unit * margin ratio.
Assuming that the current silver futures contract price is 439 1 yuan per kilogram, and the trading unit is each lot 15 kg, and the margin ratio is charged at 12% according to the rules of Shanghai Stock Exchange, then the capital required for investors to buy a lot of silver by adopting the above formula is 4391*15 *.
The specific process of Baiyin futures account is as follows:
1. Account opening needs to be at least 18 -70 years old, with no bad credit record, non-futures employees and non-government employees.
2. Prepare the original ID card, bank card and handwritten signature photo (signed with black ink pen) in advance.
3. Download the software and real-name registration certification of the futures company.
4. Upload the front and back of the ID card, hand-sign the photo and fill in the personal address. The risk test needs to reach c3 or above.
5. Upload the front of the bank card, face video authentication and pending review.
6. Sign the contract in the silver period and you can trade the next day.
In addition, silver futures are traded in the form of contracts. Simply put, it is to sign the contract at the specified price. When you make more contracts, the contract price will rise, and when you short the contract, the price will fall. The opposite situation is a loss.
Before the futures contract expires, investors can go long, short or close their positions if they find the price rising or falling. For many ordinary individual investors, most of them choose this way of speculation. If the contract expires, it will involve the issue of physical delivery.