1. The trading unit of Shanghai Bank Futures is 15kg/ lot, and the minimum fluctuation unit is 1 yuan /kg, that is, the minimum fluctuation of a spot per lot is 15 yuan.
2. The delivery unit of each warehouse receipt is 30kg, and the delivery is an integral multiple of each warehouse receipt. Generally speaking, ordinary individual investment can't be delivered in kind, that is, they can't hold positions and enter the contract expiration month, so they need to close their positions manually or wait for compulsory liquidation before the contract expiration month.
3. Limited warehouse system. Non-futures company members and customers are limited to 600 lots in the delivery month.
4. Price limit system. Like other commodity futures contracts, the futures trading center implements the trading system of Shanghai Bank's price limit, and the trading center calculates the maximum price range of Shanghai Bank on each trading day.
5. Trading time. Trading hours during the day: 9: 00- 10: 15, 10: 30- 1: 30, 13: 30- 15: 00, and 2600 at night.
6. Trading margin. At different stages of the listing operation of Shanghai-Bank futures contracts, there are four levels of trading margin collection standards: 7%, 10%, 15% and 20%, and the margin is adjusted according to the risk situation of futures companies.