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In futures, what does premium mean? How do companies calculate premiums?
Decimals come first and large numbers come last, which is a premium. If it's a double digit, it's a liter of water, if it's a decimal.

Premium means that the forward exchange rate is higher than the spot exchange rate, that is, premium, three plus four digits, and the premium quoted by the bank is only two or three digits. In the case of direct quotation, the decimal point comes first. The size of the advanced number. If it is a two-digit number, it is the second place after the decimal point, the third place and the fourth place after the decimal point; Under the indirect pricing method, it is the second place after the decimal point, followed by the large number and the fourth place. Generally speaking, if you quote three figures, the big number comes last. If you quote three figures, it corresponds to "premium", which is the third and fourth place after the decimal point. The size of the advanced number. Quote directly and get off. Under the indirect pricing method. Corresponding to discounts, decimals are discounts, and the order of the two numbers is different according to premiums or discounts, and the order of the two numbers is also different according to premiums or discounts. Generally speaking, the discount means that the forward exchange rate is lower than the spot exchange rate, with the largest number of the first and third places, and the discount number quoted by the bank is only two or three digits.