In fact, the algorithm of chasing insurance for commodities and financial futures is the same. Let me give you an example, and you will know after reading it:
The original deposit in a customer account is 200,000 yuan. On August 9th, I opened a position to buy September Shanghai and Shenzhen 300 index futures contract 15 lots, with an average price of 1.200 points (spot 1.000 yuan), and the handling fee was unilateral 10 yuan/lot, and the settlement price of the day was 1.654 38+.
Profit and loss of opening positions on that day = (1195-1200) ×15 ×100 =-7, and 500 yuan handling fee =10 ×15 = 350 yuan's margin occupation =1195×15×100× 8% =143, and 400 yuan's fund balance (i.e. trading funds) =192,350-/.
On August 10, the customer did not trade, but the settlement price of the September contract of Shanghai and Shenzhen 300 index futures fell to 1 150. The account situation on that day was as follows:
Historical position profit and loss = (1150-1195) ×15 ×100 =-67, and 500 yuan has the right of the day.
Benefit =192350-67500 =124850 yuan, deposit occupation =150×15×100× 8% =/kloc-0.
Gold) =124850-138000 =-13150 yuan.
Obviously, to maintain a long position of 15 lots,
The margin is still short of 13, 150 yuan, which means that the margin of 13, 150 yuan must be added before the market opens on the next trading day. If the customer fails to make up the margin before the opening of the next trading day, the futures broker will
A company may partially liquidate its position. After calculation, 850 yuan's equity can reserve at most 124 positions, and 850 yuan/(1150×100× 8%) =13.57 lots.
In this way, brokers can close at least 2 lots.