I. Commodity futures account conditions
There is no capital requirement for commodity futures accounts. All I need to open a futures account is my ID card and bank card. Now, the futures account can be opened online by mobile phone, and the cloud app of futures account can be downloaded. It will be successful in ten minutes, as long as the application for opening an account submitted before 3 pm that day can be opened on the same day.
Second, the commission fee for the pig futures account.
According to the regulations of Dalian Futures Exchange, each lot of live pig futures is 10 ton, and the fluctuation of one point represents the profit and loss of 50 yuan. According to the current pig futures price, the value of the first-hand pig futures contract is about 654,380+0.6 million yuan. However, due to the margin system in futures trading, the exchange margin required for trading first-hand pig futures contracts is about 38,000 yuan, and the exchange handling fee for pig futures is two thousandths, with bilateral charges. Generally, futures companies will add 1-3 times as their profits on the basis of exchange charges.
Third, the listing of live pig futures is of great significance for serving the live pig industry.
On the one hand, it provides an open, transparent and continuous price reference for the market by giving play to the price discovery function. On the other hand, pig breeding enterprises can use pig futures to hedge, transfer the risk of price fluctuation, reasonably control the scale of breeding, optimize the allocation of resources through market-oriented means, and promote the long-term healthy development of the industry. After the listing of live pig futures, Dashang will strengthen front-line supervision, strictly control risks, maintain stable market operation, provide an open, fair and effective price discovery and hedging platform for relevant industry entities and investors, and help industrial transformation and upgrading and high-quality development of the real economy.