Futures has the function of risk management and is of great significance to the spot market. With the establishment of China futures market, futures products are also expanding. At present, short fiber futures have been listed. Pay attention to the opening cost and trading rules of short fiber futures. Do you know how much short fiber futures cost?

How much is short fiber futures?

The short fiber futures trading unit is 5 tons/lot, the quotation unit is RMB/ton, and the minimum trading margin is 5% of the contract value. Therefore, the minimum capital required for trading is: short fiber futures price * trading unit *5%.

Short fiber futures trading rules:

1 lowest change price: 2 yuan/ton;

(2) daily price fluctuation limit: the settlement price of the previous trading day is 4% and the relevant provisions of the Measures for the Control and Management of Futures Trading Risks of Zhengzhou Commodity Exchange;

Minimum trading margin: 5% of the contract value;

4 Contract delivery month:1-65438+February;

5 Trading hours: every Monday to Friday (excluding Beijing time and legal holidays) from 9: 00 am to 165438+ 0: 30 pm to 65438+ 0:30-3:00 pm and other trading hours specified by the Exchange;

6 Last trading day: the 10 trading day of the contract delivery month;

7 Final delivery date: the13rd trading day in the delivery month of the contract.

The above is the sharing of short fiber futures, I hope it will help.