Extension:

At present, the opening margin 1 1000 USD, the maintenance margin 12000 USD, and the leverage ratio is about 10 times.

Basic information of LME nickel industry:

Nickel is almost silvery white in color and has good strength and ductility at low temperature. It will form an oxide film at room temperature and humidity to prevent further oxidation. It is often used for electroplating and alloying. Nickel is an important industrial metal, which is widely used in iron and steel industry, construction industry and machinery industry. The main producers of primary nickel are Indonesian, Russian and China, and the main consumers are China, the United States and Japan. Nickel futures are dominated by London Metal Exchange (LME), with trading volume and delivery volume dominating. LME products are traded in the form of forward contracts, which are different from general futures contracts.